The Week Ahead – Decisions, Decisions for the Fed – Orbex Forex Trading Blog

EGO (EGOUSD) Price Forecast: November 23 EGOUSD Pair presents a strong resistance level with the momentum in the crypto industry continuing. The coin has jumped to its highest level, believing that the coin price may explode higher. However, if coin holders demonstrate strength and the price remains stable above the previous high value of $0.037,…

The US dollar continues to trend upwards following the Federal Reserve meeting, drawing support from the regulator’s moderately hawkish stance and comments by Jerome Powell. Markets interpret the Fed’s rhetoric as a signal that restrictive policy is likely to remain in place for longer, supporting higher yields and sustaining demand for dollar liquidity. Another factor…

At the end of August, we reported that Alphabet (GOOGL) stock price had reached a historic high, closing above $210. But today, the price is likely to climb to a new, significantly higher level. Yesterday, in after-hours trading, it surged by roughly 8%. Why did Alphabet (GOOGL) shares rise? The jump is explained by a…

Here is the summary of key events for next week in the US, Eurozone (EU), and UK: United States Retail Sales (Wednesday): Expected to be lifted by strong auto sales, but there is concern that rising energy costs are becoming “demand-destructive,” leaving consumers with less money for discretionary spending. Non-Farm Payrolls / Jobs Report (Friday):…

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