Summary 10/28 – 11/1 – Action Forex

Sterling has reached its highest level against the U.S. dollar in about two and a half years and is also doing well against the euro. The pound’s rally is largely driven by speculative bets on interest rates based on expectations that the Bank of England (BoE) will maintain higher interest rates for a longer period…

TD Securities’ Senior Commodity Strategist Daniel Ghali warns that Commodity Trading Advisors (CTAs) are likely to sell Gold unless prices stage a strong rebound in the coming week. He argues Gold is behaving like a risk asset due to USD diversification flows and a wartime hit to official-sector surpluses. Ghali advises waiting for CTA long…

Dow Jones–27.02.2026 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

As the chart of the S&P 500 (US SPX 500 mini on FXOpen) shows, price movements in June continue to form an upward trend (highlighted in blue). The bullish momentum is being supported by: → News of a potential trade agreement between the United States and China; → The latest inflation report. Data released yesterday…