FX Weekly Recap: August 26 – 30, 2024
Forex price action was all over the place, with traders looking to individual catalysts for direction in the first half of the week.
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Markets extended a rotation out of technology shares on Wednesday as disappointingly weak U.S. employment data raised questions about economic momentum heading into the final stretch of winter, while European inflation coming in below forecasts added to cross-border policy divergence themes. Check out the forex news and economic updates you may have missed in the…
Intraday Trading: How Slow Thinkers Can Win Big – Edge-Forex :
Intraday trading offers a wealth of opportunities for traders. It allows you to buy and sell within a single trading day, capitalizing on small price movements. Contrary to popular belief, success in intraday trading doesn’t demand quick reflexes or split-second decisions. For slow-thinking traders, this presents an opportunity to thrive with a well-defined trading framework….
US goods exports rise 6.1% yoy in Nov, imports surge 9.6% yoy – Action Forex
US goods exports rose 6.1% yoy to USD 176.4B in November. Goods imports rose 9.6% yoy to USD 279.2B. Trade deficit widened from October’s USD -98.3B to USD 102.9B. larger than expectation of USD -100.9B. Wholesale inventories fell -0.2% mom to USD 901.6B. Retail inventories rose 0.3% mom to USD 827.5B. Full US good trade…
The US and China representatives reached a preliminary trade agreement. Saudi Arabia is once again leaning towards increasing oil production
The Dow Jones Index (US30) rose by 0.71% by the end of Monday. The S&P 500 Index (US500) gained 1.23%. The Technology Index Nasdaq (US100) closed higher by 1.86%. Major Wall Street indices finished Monday with sharp gains after US and Chinese officials reported reaching a preliminary trade agreement during talks held over the weekend…
GBP/USD – 24.12.2025 – Orbex Forex Trading Blog
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The Week Ahead – All Eyes on the Fed! – Orbex Forex Trading Blog
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