Orbex - Forex Trading Library

The week ahead will see a mix of both politics and economics across the spectrum. The EU’s parliamentary elections are due later this week on Thursday and Friday. This follows the recent outcome of the Australian elections which were held…
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Beating estimates, Japan’s first-quarter GDP grew at a pace of 0.5%. On a year over year basis, Japan’s GDP advanced 2.1% during the January through March period, supported by government spending. Capex fell 1.2% on the year while…
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Tomorrow, Australians are heading to the polls for the federal elections. The elections will determine their legislature and new Prime Minister. Elections usually generate some market volatility as investors digest the change in…
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The University of Michigan’s consumer sentiment index is forecast to rise in May following the decline in April. Economists forecast that consumer sentiment will improve to 97.8 for the current month. This follows the declines in April…
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The US dollar was seen holding on to the gains, settling near a two-week high by Thursday’s close. The gains came as the trade tensions eased and focus once again shifted to the economic data. A delegation from Washington is expected to…
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The AB=CD formation target is located at 14.40. Preferred trade is to sell into rallies.
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In a Forex context, "peripheral yields" generally refers to the yields on bonds issued by countries in the EU "periphery". They were closely followed by traders around the 2011 financial crunch, and have since been somewhat forgotten.…
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