Orbex - Forex Trading Library

Swiss National Bank cuts interest rates to -0.25%. Reaffirms 1.20 EURCHF floor. Will take more steps if necessary. The Swiss National Bank, a while back introduced negative interest rates, moving -0.25% on sight deposit account balances…
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A 'dead cat bounce' or is Crude Oil preparing for a corrective rally? Crude oil has perhaps garnered the biggest attention in the markets, perhaps only next to the US equity markets. The sharp and quick decline in prices has taken many by…
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The Federal Bank began its meeting yesterday, and continues until today, to publish at a later time its statement on its monetary policy. The investors are awaiting the end of the US Federal Reserve meeting to decide on the interest rate.…
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Key Notes for December 17th UK average earnings index 3m/y 1.4% vs. 1.3%, claimant count change -26.9k vs. -19.8k; unemployment rate 6% vs. 5.9% Eurozone CPI y/y 0.3%, unchanged; core CPI y/y 0.7% unchanged Canada wholesale sales…
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Dow Jones: 17100 Equity demand Global Equity markets faced drop around the world , where continues drop of Oil threaten inflation for more drop , while Russian surprising rate hike placed demand for haven Short-run market…
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GOLD 1197 Gold between deflation & Dollar hike market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate next year while economic data from Europe and Japan showing slow down…
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Oil (F5) 55.25 Oil tumble after OPEC decision with no supply cut Oil prices sustain drop after OPEC meeting where countries agree that no supply cut action Market managed to add more drop pressure after the International Energy…
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USD/JPY: 117.10 Japanese Yen on uptrend wave Short-run As we advised before, market managed to hit below 118.00 levels which may activate farther drop later toward 115.00-50 zone market managed to test the doors of 115.50…
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GBP/USD: 1.5715 Pound on trading zone As we advised before, market managed to jump above 1.5625 which allowed farther rebound correction where market managed to hit our target 1.5700-20 zone market now facing resistance at 1.5755…
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EUR/USD 1.2465 EURO on trading zone As we see over the chart, market managed to jump above resistance zone of 1.2440-60, which may place the pair inside trading zone between 1.2250 - 1.2600 levels Short-run as we advised…
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