The Week Ahead – Dawn of Recovery – Orbex Forex Trading Blog

The upcoming week will focus on U.S. President Donald Trump’s plans for new tariffs. Alongside this, markets will also watch U.S. jobs data, an Australian central bank meeting, and a key eurozone inflation report. Asia Pacific Markets The main focus this week in the Asia Pacific region will be tariff developments even though we have…

Investing.com — The Department of Justice’s (DoJ) antitrust case against Google (NASDAQ:) could have significant implications for Appl, despite the tech giant not being directly involved, Barclays (LON:) analysts said in a recent note. At the center of the issue is Google’s Traffic Acquisition Cost (TAC), which represents payments to platforms like Apple (NASDAQ:) for driving…

GBPUSD: GBP/USD pared further gains on Wednesday, stumbling for the second session in a row and falling below 1.3500 after failing to regain 1.3600 earlier this week. Sterling markets are retreating from the upper limit of the bullish trend that lifted GBPUSD to multi-year highs, but the momentum remains favourable for sterling buyers. The latest…

The ECB implemented a 25bps rate cut, with some policymakers favoring a larger 50bps cut, and signaled potential for further cuts in the upcoming meetings. The BoE is expected to hold rates at its next meeting, and market participants are watching for indications of fewer rate cuts in 2025. EUR/USD is struggling to maintain levels…

EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve. At the time of writing, the pair traded at 1.1882 down from daily highs…

USDEUR/USD drifted higher yesterday, bolstered by a continued broad-market easing in US dollar buying pressure. Federal Reserve Chair Jerome Powell all but confirmed that the central bank will pivot into a rate-cutting cycle on 18 September during an appearance at the Jackson Hole Economic Symposium last Friday, topping out market appetite once again. Mixed prints…