EUR/USD – 04.10.2024 – Orbex Forex Trading Blog

By RoboForex Analytical Department The AUD/USD pair fell to 0.6566 on Friday, marking its lowest since early August. The US dollar continued to strengthen last night, bolstered by signs of resilience in the US economy. Additionally, investors hold significant expectations for Donald Trump’s success in the upcoming presidential election next week. Meanwhile, an unexpected improvement in…

CAB Payments has rejected a possible cash offer from StoneX Group Inc., stating that the proposal “significantly undervalues” the business and its medium-term prospects. The company received the unsolicited, non-binding proposal on 15 March, with StoneX indicating a possible offer price of 95 pence per share.  CAB Payments’ Independent Board, together with its advisers, carried…

USD/JPY –25.07.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

When Donald Trump made his choice of the new Fed chairman, the US dollar strengthened, and precious metals collapsed like a house of cards. Investors believed that Kevin Warsh would support the Fed’s independence and focus on fighting inflation. This is good news for greenback, but it somehow doesn’t fit in with the president’s dreams…

Gold advances as US Treasury yields fall alongside the US Dollar. Tensions due to the Middle East and US election boost Bullion’s demand. Strong US labor market data and better-than-expected PMI results underscore economic resilience despite mixed housing data. Analysts highlight rising US fiscal debt concerns as key factors supporting Gold’s rally. Gold prices climbed…