The End of the AI Boom, and What It Means for Forex – Orbex Forex Trading Blog

With the Fed shifting to a less dovish stance, will the upcoming U.S. jobs release support their optimistic outlook? Or can the numbers revive easing expectations? Here’s what you need to know if you’re planning on trading the U.S. non-farm payrolls report. This Article Is For Premium Members Only Become a Premium…

Gold In a Bear Market: Where’s the Bottom? | Orbex XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

KEY POINTS: US dollar weakened after soft US ISM Manufacturing PMI Market pricing for the Fed remained unchanged around 62 bps of easing expected by year-end US NFP the main event this week Japanese inflation remains above target but not calling for urgent action BoJ still focused on wage growth Traders expect roughly two rate…

Prelim was 53.3 Prior was 49.8 Three year high Input cost inflation accelerated in August and was the second-sharpest in the past three years The ISM manufacturing survey is due at the top of the hour alongside construction spending numbers. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence “Purchasing managers reported that the…