GBP/USD –23.05.2025 – Orbex Forex Trading Blog

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The Canadian dollar is calm in the European session, trading at 1.4438, up 0.02% on the day.  Later today, Canada releases GDP and the US publishes the Core PCE Price Index.  USD/CAD has rallied for five straight trading days, gaining 1.8% during that time and hitting a three-week high. Canada’s GDP expected to rebound in…

Ah, Easter. That one holiday where pastels rule the world, brunch turns into a full-blown eating marathon, and your Aunt Carol tries to get everyone to pose for 37 group photos before you even have a chance to caffeinate. We’re here for the chocolate. We live for the eggs. And yes, we absolutely bought that…

The Magnificent Seven is a term used to describe the seven largest technology companies that dominate the global economy through their scale, innovation, and high market capitalisation. These companies are often key drivers of the US stock market, and in 2024 (as in 2023), they confirmed their leadership, with most outperforming the broader market indices….

It was definitely a hectic weekend surely in Europe after Trump threatened 50% tariffs for 1 June on Friday. The good news now is that the decision is delayed to 9 July but that’s still not a lot of breathing room. That especially when you consider that the US and EU have failed to really…