wall street Archives - Orbex Forex Trading Blog

StockWatch: Fed Minutes Pushes the Dow Lower!

Wall Street's main indexes fell in yesterday’s session. This came after the minutes from the Federal Reserve's meeting. The focus remained on the central bank's plans to fight inflation. The tech-heavy Nasdaq, Dow, and the S&P all…
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Is it Time for a US Stock Market Correction?

Over the weekend, market makers were reading one of the most influential publications in the industry, Barron's. One of the article titles had a pretty eye-catching title and was a collection of opinions. The problem is that it had the…
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Wall Street Bets: The Real Impact of Retail Traders during Covid

August is generally a low-volatility month in the markets. This is because many market makers are on vacation, and there are fewer market-moving events scheduled. Typically, once the second-quarter earnings season is over (by the middle…
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StockWatch: eBay Exceeds but Growth Slows

eBay reported second-quarter results that topped some Wall Street estimates but missed the company's own revenue forecast. The pandemic in 2020 hit the company hard but eBay boosted its forecast for the third quarter. Prudential…
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Reddit Traders Enrapture Wall Street

The GameStop frenzy has investors, and much of the internet captivated by wallstreetbets banding together. Due to this, hedge funds took heavy losses on short positions. The SEC and the White House both said they will monitor the…
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Has the Dollar Turned Around?

Over the last months, the dollar had been steadily weakening. But recently, and in particular, after the Fed's policy meeting on Wednesday, the greenback has been trending higher. There are quite a few reasons for this. And these are…
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Silver Surges Higher on “Reddit Crowd”

Orbex Jan 29, 2021 609 0

Gold It's been a fairly uneventful week for gold traders. The market drifted gradually lower, but failed to find any real momentum. The resilience of the US dollar is having a dampening impact on gold, with traders keeping the greenback…
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