Orbex - Forex Trading Library

USD/JPY: 119.30 Japanese Yen on uptrend wave Short-run market managed to obtain drop correction after testing resistance level of 120.80 market managed to hit 120.45 last week before market retreated fast on speculation that Yen…
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GBP/USD: 1.5425 Pound & the rebound correction BOE announced today that he is expect inflation to pick up throw 2016 as labor market strengthen , which may push back the process of interest rate hike short-run as we see over…
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EUR/USD 1.1385 Euro tumbled after ُECB Draghi announced bigger QE Euro slump after Mr. Draghi announced bigger than expected quantitative easing which placed new drop pressure over Euro U.S labor market data managed to add more…
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The British Sterling saw a sharp rally this morning as the UK labor market report was published. Unemployment rate improved to 5.7% against estimates of 5.8% while the claimant count change, which is the number of people claiming…
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EURUSD found support at the 1.1400 level and oscillated in this area all day yesterday. The German ZEW Economic Sentiment published at 53 points while the ZEW Economic Sentiment in the Euro zone increased to 52.7 level, giving reasons for…
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Key Forex Afternoon Notes: Australia CB leading index m/m 0.4% vs. 0.1% previously Australia MI leading index m/m 0.1% vs. 0% previously BoJ press conference – leaves policy unchanged UK average earnings index 3m/y 2.1% vs. 1.7%…
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The Bank of Japan, in its press conference reiterated its commitment to maintain its stimulus program with an aim of increasing the monetary base by 80 trillion Yen annually, while posting an upward revision to exports and production as the…
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Key Forex Afternoon Notes: RBA monetary policy minutes Italy trade balance 5.76bn UK CPI y/y 0.3% vs. 0.3% UK PPI Input m/m -3.7% vs. -2.5% UK HPI y/y 9.8% vs. 10.3% German ZEW economic sentiment 53 vs. 55.4 Eurozone ZEW…
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Consumer price inflation in the UK slowed to 0.3% on an annualized basis, marking the lowest inflation reading since 1989 or in over 25 years while, ohowever cn a monthly basis, inflation declined -0.9%. Falling crude oil prices were…
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