Orbex - Forex Trading Library

Many traders got to their desks at the start of the week with a pleasant surprise from Chinese data. Not only did the PMIs beat expectations, but they popped back up into expansion territory. This means they successfully ended a…
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The channel top, and a possible right shoulder of a bearish Head and Shoulders pattern is seen at 1.0023.
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The US dollar index managed to hold on to the gains amid a mixed batch of economic reports. Retail sales fell 0.2% in February unexpectedly, while the ISM’s manufacturing PMI rose to 55.3 during the month. Construction spending data also…
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The durable goods orders report for February will be released later today. Economists forecast that core durable goods orders will rise 0.3% on the month, reversing the 0.2% declines from January. Economists forecast that headline…
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As is usual with the start of the month, and the start of the second quarter, there is a lot on the economic calendar to keep the markets moving. We start with the Asian session with the RBA interest rate decision. There, we are…
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This week marks the start of the second quarter of the year. Data over the week will cover the economic performance among the major economies for the first quarter of the year and for the month of February. Investors will be closely…
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The markets traded somewhat mixed into the close of the first quarter. There was a bit of volatility with the month end and quarter end flows. Gold managed to recover from the losses while the euro traded subdued. Brexit continues to…
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One of the more anticipated data bits from this weekend is scheduled for release early on Sunday. This will be the official PMI data from China. With so much speculation around potential world economic weakness, the first insight into…
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