EUR/USD –02.05.2025 – Orbex Forex Trading Blog

Gold prices have dropped due to increased US Treasury yields, profit-taking, and the anticipation of a less dovish Fed outlook for 2025. The upcoming Fed meeting and its economic projections, especially regarding rate cuts, will significantly impact gold prices. India’s gold imports are expected to decline in December due to a lack of festivals and…

USD/JPY’s steep decline last week suggests that rebound from 145.47 has completed at 149.95. But as a temporary low was formed at 146.58, initial bias remains neutral this week first. Overall, price actions from 150.90 are still seen as a corrective pattern. Above 148.21 will bring stronger rebound to 149.95 first. Firm break there should…

By Paritosh Bansal (Reuters) -The United States is merrily chipping away at the pillars that hold up the dollar as the world’s reserve currency, with the latest blows coming from some powerful Americans questioning the rule of law following the conviction of Donald Trump. In doing so, it is effectively daring the rest of the…

AstraZeneca has said it may cut jobs at its UK operation if the government enforces a global push to make companies share profits derived from nature’s genetic codes, multiple sources have told the Guardian. The alleged comments from the company came amid a concerted lobbying push by the pharmaceutical industry against the profit-sharing measures. Sources…