Orbex - Forex Trading Library

The ECB president sent a strong signal to investors expecting an immediate rate cut yesterday. Forward guidance indicated that rates are expected to remain at current or lower levels at least through Q1 of 2020. This is despite the fact…
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After a pretty quiet week on the economic front in Mexico, time to get ready for macro data to start picking up. We'll be turning our attention to the Trade Balance, which is normally important for any currency. Given the trade situation…
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The US dollar was seen holding on to its gains, marking a seven-week high. However, with price closing flat on Wednesday, we could expect to see some downside in the near term. Flash manufacturing PMI from Markit showed the index falling to…
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The European Central Bank will be holding its monetary policy meeting later today in Frankfurt. The meeting will be crucial, considering that the ECB President Mario Draghi hinted at further easing a month ago. The monetary policy…
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It's never a good sign for the Euro when the words "technical recession" are brought up in analysts' talks. Of course last year Germany narrowly avoided one, but the economic news since then hasn't improved much. This has depressed the…
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The US and China are all set to resume the trade talks starting today. USD continued to rise to a seven-week high ahead of the meetings. The International Monetary Fund lowered the growth forecasts globally citing trade tensions. However,…
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Tomorrow we get our first major data from Europe for the week. And it's set to be a pretty important day for the euro! This is the last major data release ahead of the ECB's rate decision on Thursday. At the meeting, we're expecting the…
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