The Week Ahead – Trade War Escalates – Orbex Forex Trading Blog

(Reuters) – Bank of Queensland will slash up to 400 jobs and convert all 114 owner-managed branch networks into its corporate structure by March as part of a broad restructuring, the Australian lender said on Thursday. The Brisbane-based lender expects to incur charges of A$115 million to A$125 million ($77.41 million-$84.14 million) to convert the…

By RoboForex Analytical Department  The EUR/USD pair is trading near 1.0887 on Thursday as investors cautiously evaluate the impact of escalating global trade tensions on the economy and consumer behaviour. Despite the uncertainty, the currency pair shows resilience, with market participants closely monitoring key developments. Key market factors affecting EUR/USD The primary focus remains on…

AUD/USD declined below the 0.6720 and 0.6700 support levels. NZD/USD is also moving lower and might struggle to recover above 0.6200. Important Takeaways for AUD/USD and NZD/USD Analysis Today · The Aussie Dollar started a fresh decline from well above the 0.6700 level against the US Dollar. · There is a connecting bearish trend line…

OKX has hired former Bybit and Crypto.com executive Maxim Orlov to lead its CIS operations as the exchange expands its institutional and VIP coverage in the region. OKX appears focused on higher-value traders and institutional relationships in the CIS region, where local coverage and client networks remain important. Before joining OKX, Orlov spent four years…