Orbex - Forex Trading Library

The U.S. dollar was seen easing back after briefly rising to a two month high. Economic data on the day was dominated by news about President Trump declaring a national emergency to fund the building of the border wall with Mexico. The…
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The economic calendar for the week ahead marks the employment report coming out of Australia and UK. Central bank speeches this week will include talks from the Bank of Canada governor, Poloz and the ECB President Mario Draghi. The RBA’s…
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Besides politics and diplomacy, world leaders are also promoting their own preferences when it comes to reading. Twitter, Facebook, Instagram, and Quora are the channels that world leaders prefer to communicate. From east to west and north…
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Weekly: Trading within an AB=CD corrective sequence. We expect the current positive move to stall near the 78.6% Fibonacci retracement of the previous corrective leg lower. Daily: Price action looks to be in the leg of a 5th wave.…
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There could be some volatility in currency markets at the end of the trading session with the release of a series of second-tier economic data out of the US, the last significant bits of information for the markets ahead of the extended…
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Trade balance figures from China showed a somewhat better picture compared to the expectations. Data for January showed that exports in dollar-denominated terms rose 9.1% during the month while imports fell 1.5%. This left the trade surplus…
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The services sector in the United States expanded at a slower pace in January. The Institute of Supply Management's non-manufacturing PMI released last week showed that activity in the sector fell to 56.7 in January. This scored slower…
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EURGBP or EUR/GBP is the notation for the currency pair composed of the euro and the British pound. It is one of the more popular crosses. The value represents how many pounds (the quote currency) are needed to buy one euro (the base…
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Forex pairs were directly affected by the Consumer Price Index (CPI) data, as some sharp moves were noticed on the charts. These sudden moves have been in-line with the most recent views shared with Orbex traders via the daily Market…
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