Orbex - Forex Trading Library

Over the weekend and on Monday we have a couple of important economic events coming out of the Far East. The Purchasing Managers' Index (PMI) is a survey of company executives, asking how they see the current business situation and how…
Read More

Risk appetite returned on Thursday after China said that it was willing to resolve the trade disputes. The comments came from the Ministry of Commerce. The US and China trade dispute escalated early on after the US levied additional tariffs…
Read More

Canada will be releasing the GDP report for June alongside the full and final second quarter GDP data. Based on recent data, it is widely expected that Canada's second quarter GDP will rise by 2.7% - 2.8% during the quarter. This beats…
Read More

After a couple of weeks out of the headlines in terms of economic data, it's time to check back on Australia. Next week is likely to be busy Down Under, with a host of key data coming out. We should remember that it was the housing…
Read More

The US Department of Commerce will be releasing the second revised estimates for the second quarter GDP today. Estimates point to a possible further slowdown in the period ending June 2019. According to the economists polled, the…
Read More

The US dollar was seen rising strongly on Wednesday. The gains came after price turned flat the day before. Economic data remains sparse, and a lack of any new developments in the trade war also helped to improve risk appetite. However,…
Read More

You've probably come across the answer to this question in some online FX trading blog or other. Locking down profits in swing Forex trading involves the 50 SMA. Or perhaps some crossover system between two MAs, usually the 200 and 50 SMAs,…
Read More

After the equivalent of three interest rate cuts in a little over half a year, you generally expect the change in monetary policy to have had some effect on the economy. That is why analysts are going to be interested in the data the be…
Read More