Orbex - Forex Trading Library

This week's major event is the release of US November Non-Farm Payrolls, scheduled for release at 8:30 EST (14:30 CET), which comes with a truck-load of employment data that is very important leading into the last FOMC meeting of the year.…
Read More

Technical Daily: The sell-off from October 4 highs has continued. A combination of strong dollar and over-supply has resulted in a 35% fall in prices over a 2 month period. Support was found at the 78.6% Fibonacci retracement although…
Read More

Trading in the U.S. markets were subdued as equities, and some other exchanges were closed due to the National day of mourning for the former President George H. W. Bush. In the Eurozone, the services PMI showed a modest increase in…
Read More

Consumer spending in New Zealand slowed down in the third quarter as retail sales fell more than expected. Official data from Statistics New Zealand showed that retail sales were flat in the three months ending September 2018. The data…
Read More

Australia November Balance of Trade One of the five major monthly events that could move the AUD is the Balance of Trade, expected to be released on Wednesday at 19:30 EST (or Thursday at 01:30 CET). The Australian economy is highly…
Read More

With over 170 different major, minor and exotic Forex currencies occupying the FX trading space, it’s no wonder the Forex market is considered the most liquid in the world. Growth in retail Forex trading has been spectacular over the years.…
Read More

The U.S. Dollar was seen trading a bit volatile on Tuesday. Economic data on the day showed that consumer prices in Switzerland fell 0.3% on the month. This was worse than forecasts of a 0.1% decline. The data comes ahead of next week's…
Read More

The latest revised GDP estimates showed that the U.S. economy advanced at an unrevised pace of 3.5% in the three months ending September. The data was the same as per the preliminary GDP estimates. Growth is seen to be on track to hit the…
Read More