Why Is the Dollar Getting Stronger During the US Government Shutdown? – Orbex Forex Trading Blog

ATFX was honored to participate in the ACBC NSW Chinese New Year Gala 2025, a premier event that brings together business and government leaders to celebrate the strong economic relationship between Australia and China. Held on February 10, 2025, at Doltone House Jones Bay Wharf in Sydney, the event provided an opportunity to engage with…

EUR/USD’s correction from 1.1829 continued last week and outlook is unchanged. Initial bias remains neutral this week first. Downside of the pullback should be 1.1630 resistance turned support to bring rebound. Firm break of 1.1829 will resume the rise from 1.0176 and target 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. However, sustained…

Headlines: Markets: JPY leads, GBP lags on the day European equities higher; S&P 500 futures down 0.1% US 10-year yields down 0.4 bps to 3.784% Gold down 0.1% to $2,667.98 WTI Crude up 0.2% to $67.82 Bitcoin up 1.1% to $65,410 Shigeru Ishiba finally won Japan’s top job, as he won the LDP leadership race…

The UK releases the February retail sales report on Friday, with the markets bracing for a decline of 0.3% m/m. Retail sales soared 1.7% in January, crushing expectations and hitting the highest level since May 2024. Annualized, retail sales are expected to ease to 0.5%, down from 1% in January. The Confederation of British Industry…