Orbex - Forex Trading Library

Commodities bounce back strongly as the US Dollar eases Spain retail sales y/y 3.3% vs. 4.6% US Goods trade balance -60.5 billion vs. -60.9 billion Later US S&P/CS HPI US CB Consumer confidence The markets…
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EURUSD (1.09): EURUSD has seen the last few sessions consolidating within 1.0812 - 1.10 price level. The breakdown from the rising wedge pattern has established a short term support at 1.0812, while the resistance at 1.10 remains a strong…
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Looking back to 2015, we can deem the oil price decline as one of the most significant changes in the global economic landscape. The commodity's evolution prompted changes in both private sector investments as well as in government…
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Thin trading volumes mark the day as major trading hubs remain close! Japan retail sales y/y -1.0% vs. -0.10% Japan preliminary industrial production m/m -1.0% vs. -0.40% The markets opened today after closing on Thursday last…
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The markets had a holiday shortened week last week but the week was marked with key important data from the US, UK and Japan. Closing out the week, the NZD was the top performing currency, which gained 1.72% against the US Dollar followed…
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AUDUSD (0.71): Data from Australia this week was limited to the CB leading index which continued to decline -0.10% for the month. The Australian dollar was however stronger over the week, with weekly gains of 1.34%. AUDUSD closed the week…
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Markets slow down as the holiday spirit looms! Australia CB leading index m/m -0.10% vs. -0.10% previously BoJ releases monetary policy minutes UK BBA mortgage approvals 45.0k vs. 46.2k US weekly unemployment claims 267k vs.…
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Crude Oil gains as US weekly inventory posts one of the largest drawdowns Crude Oil futures are up 5.19% this week after prices rallied strongly in the last 24 - 48 hours. The weekly EIA Crude oil inventories showed a surprising decline…
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Monday was the day Spain announced their winning party for the elections. Partido Popular (PP) won the referendum but the seats they obtained were 122 from an absolute majority - 176 needed, due to which forming a government will be a…
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UK third quarter GDP revised down to 0.40% US personal spending 0.30% vs. 0.30% France consumer spending m/m -1.10% vs. 0.20% Swiss KOF economic barometer 96.6 vs. 98.9 UK Current account -17.5bn vs. -21.3bn UK final GDP…
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