The Week Ahead – Return of the Dollar – Orbex Forex Trading Blog

Markets are starting to price in another BOJ rate hike this week after Governor Ueda’s recent comments turned more hawkish. Inflation data hasn’t gotten in the way, and policymakers are clearly keeping a close eye on wild yen moves. Here’s what else you should look out for in this top-tier event: This Article…

Bitstamp by Robinhood has officially launched cryptocurrency perpetual futures on its web platform for both institutional and retail investors in the European Union.  The move is said to offer eligible traders a regulated environment to take long or short positions on crypto asset price movements without requiring ownership of the underlying assets. The product launches…

Chefs’ Warehouse (CHEF) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.68%. A quarter ago, it was expected that…

According to media reports, shares of the cryptocurrency exchange Coinbase Global (COIN) are scheduled to be added to the S&P 500 index (US SPX 500 mini on FXOpen) on 19 May, replacing Discover Financial Services (DFS), which is in the final stages of being acquired by Capital One Financial (COF). The deal, having received all…

The EURUSD pair may continue its corrective wave towards 1.0464, influenced by US economic indicators. Find out more in our analysis for 23 December 2024. EURUSD forecast: key trading points Spain’s Q3 GDP: previously at 0.8%, projected at 0.8% US durable goods orders: previously at 0.2%, projected at 0.2% EURUSD forecast for 23 December 2024: 1.0464…

UOB’s Global Economics & Markets Research, via Julia Goh and Loke Siew Ting, notes that the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) kept the RRP (Reverse Repurchase Rate) rate at 4.25% in an off-cycle meeting as supply-driven inflation and Middle East risks intensify. The bank expects a prolonged policy pause, with…