The US dollar has recovered a bit further as gold and silver have plunged, and we think there is enough stability to let data do the talking in FX this week. The US calendar should culminate in decent payrolls/unemployment, opening the door to some more dollar upside. Elsewhere, the ECB may not discuss the euro…
RBA to Hike After Metals Meltdown – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
European stock markets started February on a low note, with major indexes like the STOXX 50 and STOXX 600 both losing value. This decline followed a global trend where investors pulled their money out of riskier investments. Two main factors caused this: first, a massive sell-off in commodities like oil and metals, and second, renewed…
The Tokyo Stock Exchange said trading activity on its CONNEQTOR platform reached a record JPY 506.9 billion in January, the highest monthly total since the request-for-quote service launched in 2021. Average daily trading value rose to JPY 26.6 billion, a 250% increase on the year, reflecting rapid growth in usage beyond traditional investor clients. TSE…
Last week saw the release of quarterly earnings from Microsoft (MSFT), Meta Platforms (META), Tesla (TSLA) and Apple (AAPL). At the opening of Monday’s session — today, 2 February — the Nasdaq 100 index (US Tech 100 mini on FXOpen) opened with a bearish gap, sliding towards the 25,100 level. Why Is the Nasdaq 100…
Dollar rises further, adding to Friday’s Warsh-inspired gains Source link
When traders post a question and hear crickets, something important is broken: knowledge isn’t flowing and trust isn’t building. Building an engaged trading community means more than lively chat windows; it requires rituals that surface useful analysis, spotlight reliable contributors, and keep newcomers from feeling lost. Small patterns—how feedback is given, who moderates conversations, what…
Listen to the audio episode: Supply & Demand Trading Profitably For 30+ Years In episode 545 of the Desire To Trade Podcast, you will be listening to an interview with veteran trader Paul Scott, who used to think finding the perfect pattern was the secret to consistent profits. He was chasing every candlestick formation he…
Greetings ! Over many years of practice and trading in the real market, many users end up with different firms one way or another. Such companies provide a huge deposit for further trading and testing. There are different types of tests and they all have certain conditions. Drawdown limits, deposit load limits, number of trading…
Gold and silver extended their sell-off from last week, with prices diving another $400. A firmer dollar and profit-taking drained momentum from record highs, so is there a way back? TimestampsXAUUSD 00:25XAGUSD 01:45 Test your trading strategy on forex and stocks with Orbex OPEN LIVE ACCOUNT …