Gold – 16.01.2025 – Orbex Forex Trading Blog

2024.08.09 2024.08.09 Franc Set for Landing. Forecast as of 09.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Mass closing of carry trades pushed the USDCHF pair 7% down from July peaks. The Swiss franc copied the Japanese yen, albeit on a smaller scale. Let’s discuss it and make a trading plan. The article covers the following subjects: Highlights and key…

The company owned by the billionaire Conservative donor Lord Bamford has donated £200,000 to Nigel Farage’s Reform UK. The JCB chair, who has given millions of pounds to the Tories and bankrolled Boris Johnson’s wedding celebrations, disclosed the donation at the weekend, alongside one of equal size to the Conservatives. The Staffordshire-based heavy machinery manufacturer…

Dollar kept aloft as another Trump deadline looms Source link

The data is in the screen shot below. More: the unemployment rate in 31 cities was 5.1% January – September property investment was down 10.1% y/y January – September infrastructure investment was +4.1% Offshore yuen is up a little after the data. All three of the major activity indicators were above expectations, with retail sales…

The upcoming trading sessions are packed with key events, potentially triggering heightened volatility in major currency pairs. This morning, the Bank of Japan held its meeting, the Federal Reserve will announce its decision this evening, and tomorrow, the Swiss National Bank and the Bank of England are scheduled to meet. This mix of news could…