Orbex - Forex Trading Library

Private sector hiring, as measured by ADP/Moody's showed a headline print of 213k for January. This beat the median estimates which pointed to a 180k increase during the period. The U.S. pending home sales report showed a monthly decline…
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Summary 2019 global economy to increase by 3.5% Growth forecasts cut for the eurozone, including Germany, France, and Italy India and Japan GDP expected to rise this year Brexit, trade tensions top the main risks for the…
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The next major data from China to hit the markets is scheduled for Thursday at 02:00 CET (or Wednesday at 20:00 EST) which is the official NBS manufacturing and non-manufacturing PMIs for January. This could give us some volatility…
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The economic data on the day was sparse. Spain's unemployment rate fell slightly to 14.5% which was better than the forecasts of 14.6%. The NY trading session showed that the U.S. consumer confidence index fell to 120.0, below forecasts of…
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The U.S. Federal Reserve will be holding its monetary policy meeting this week on Wednesday, January 30. This meeting comes following the December FOMC meeting. Back then, the central bank hiked the short-term interest rates by a quarter…
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EURCAD or EUR/CAD is notation used to designate the currency pair made up of the euro and the Canadian dollar, and is sometimes called the "younger loonie," or "loonie 2". The value indicates how many Canadian dollars (the quote currency)…
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Highlights the cross stalling at the 161.8% extension level of 144.83 (from 130.70-139.43). We look for losses to be limited. Bespoke support is located at 142.30.
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China released its official economic growth report on Monday with data showing that for the year 2018, the world’s second-largest economy advanced at a pace of 6.6% on an annualized basis. This represents the slowest growth rate registered…
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