Orbex - Forex Trading Library

Despite it being the start of the month, the economic calendar this week for Switzerland is pretty light. The next important data release is unemployment figures, scheduled for before market open at 07:45 CET (1:45 EST). They come along…
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You have probably heard, if not experienced for yourself, that forex trading is difficult to learn. In the beginning, I made it hard for myself too; I simply couldn’t get everything right. And that’s ok! Depending on who you ask, chances…
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The US dollar was seen posting some modest gains on Thursday. Economic data on the day saw the ISM’s non-manufacturing PMI coming out slightly better than expected at 56.9. The data beat estimates of 55.9. But the ADP’s private payrolls…
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The market is largely focusing on tomorrow's ECB rate decision. However, before then, there are still some important data points on the calendar that could move the market. Chief among them is the final reading of the eurozone's first…
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The US dollar continued to decline on Tuesday. Fed Chair, Jerome Powell was speaking at an event. He said that the Fed was closely monitoring the escalation in trade tensions and could respond by cutting rates if the economy deteriorates.…
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The Institute of Supply Management will be releasing the non-manufacturing PMI report later today. According to the median estimates, the non-manufacturing activity index could rise by just 0.1 points. In April, non-manufacturing…
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There's no rest for the markets. Immediately after the interest rate decision, we have the next major event: the GDP numbers for the first quarter. After that, we will then be getting the trade balance. Finally, the home loans data will…
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The US dollar was seen falling for the second consecutive day on weak manufacturing data and dovish Fed comments. Manufacturing activity in the US slowed in May with the ISM manufacturing PMI easing to 52.1 from 52.8. This was the lowest…
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This is an important week in terms of data for the AUD, but tonight we have the most important event of the month: the rate decision by the RBA. After last month's "dovish hold" and the economic data we got over the last weeks, the…
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