USD/JPY – 18.10.2024 – Orbex Forex Trading Blog

After FOMC and ECB Meetings: Has the EURUSD Peaked? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

By Aya S. Chacar, Florida International University  The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran. I study how institutions affect businesses and supply chains, and I expect food prices to rise next, with high prices lasting even…

There are plenty of events on the economic calendar this week but still just not today, at least for Europe. Major currencies are keeping little changed for the most part, with USD/JPY down slightly on the day as traders continue to digest the political developments in Japan. Meanwhile, the antipodeans are a touch lower owing…

Market price action was mixed at the start of the week, as some traders stood on the sidelines ahead of this week’s data releases while others priced in the increased tensions in the Middle East. Which of your closely watched assets saw increased volatility and directional price action? We’re breaking them down today: Headlines: RBA…

Lindsay Hoyle, the speaker of the House of Commons, has kept almost 300 gifts over the last four years including dozens of bottles of alcohol, hampers, ties, cufflinks and chocolates, his declarations show. The speaker received a large volume of presents from foreign dignitaries such as ambassadors, MPs and sometimes companies and chose to keep…

One of the toughest aspects of trading is anticipating where the price might stall or reverse. Without reliable indicators, traders often rely on guesswork or outdated methods, which can lead to poor trade timing and increased risk. The forex market’s volatility adds to this complexity, making static support and resistance levels less effective as market…