Bitcoin Buying the Rumour as it Hunts for $70K! – Orbex Forex Trading Blog

Hello from the US where, if you’re a fan of things such as civil liberties and not getting shot in the leg by masked thugs sporting law enforcement badges, the situation is somewhat suboptimal. Over in Los Angeles, national guard troops have been brought in to rough up protesters who are demonstrating against immigration raids….

NZD/USD is having trouble extending its downswing since it hit a potential support zone! Profit-taking after last week’s extended moves may have dragged NZD/USD down from its .6375 highs. It didn’t help that this JPow wasn’t as dovish as the markets had expected, only seeing another 50bps interest rate cut for the rest of…

Hello fellow traders. In this technical article, we are going to present Elliott Wave charts of IBEX index . As our members know, IBEX has been showing impulsive bullish sequences in the cycle from the August 13739.3 low, pointing to further strength ahead. We have been calling for a rally in IBEX. Recently we got an intraday…

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade…

Rachel Reeves is considering slashing funding for more energy efficient homes to pay for a reduction in energy bills, sources have told the Guardian, as the chancellor looks for ways to ease the cost of living in this month’s budget. Reeves is finalising a multibillion pound energy support package that is likely to cut taxes…