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Powell

Weekly Metals Wrap

Gold The yellow metal rallied this week, benefiting from weakness in the US Dollar to trade back to its highest levels since Q1 of the year. The weakness in the US Dollar was seen in response to Fed chairman Powell comments at the Economic… Read More

Orbex Market Flash

The US Dollar has traded lower over the last 24 hours following comments from US Fed chairman Jerome Powell who told investors that the headline US interest rate is now “just below” the neutral rate. Speaking at the Economic Club of New… Read More

Orbex market Flash

The Fed received further endorsement for its current tightening path last week as the latest US GDP figures came out stronger than expected. GDP growth for 3Q came in at 3.5% vs the consensus market forecast of 3.4%. The news will be… Read More