Gold–13.03.2025 – Orbex Forex Trading Blog

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…

Bitcoin falls 5.69% to $58,987 Source link

The USD/CHF pair tested its yearly low slightly below 0.84100 yesterday but has since recovered to just above 0.84800 today. The bullish sentiment was supported by positive news about the U.S. economy—data released yesterday showed GDP growth for the second quarter at 3.0%, surpassing the expected 2.8%. Bulls may find further encouragement from events earlier…

Prior 4.35% Latest data does not change previous assessment that policy is restrictive and working as anticipated The outlook remains highly uncertain Inflation is still some way above the midpoint of the 2% to 3% target range Returning inflation to target is the priority Underlying inflation remains too high Policy will need to be sufficiently…