Orbex - Forex Trading Library

US economy the best among its neighbors, they added 321 K jobs for; as November, which is the best since 2012. Moreover, Wage has entitled for growth and corporate confidence for economy growth has increased as well. Unemployment rate…
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Mario Draghi, the ECB President, convened the first press conference in the newly built ECB's Europa towers. The markets were however more focused on the opening statements by Draghi in regards to the timeline for the ECB's QE stimulus…
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The Australian Dollar is a very interesting currency to watch for speculators and investors. It is on a long term down trend against the US Dollar and the volatility is usually high. Based on its current price movement, Ausie might close in…
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Gold Futures – Technical Update Gold futures weakened last week and based on our technical analysis on the short term 4-hour charts, Gold futures respected the rising wedge chart pattern and declined to reach the targets of 1157. The…
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Forex Afternoon Key Notes Australia retail sales m/m up 0.4% vs. 0.1% expectations. Previous month revised upwards to 1.3% from 1.2% Halifax house price index up 8.2%; monthly change 0.4% BoE keeps interest rates unchanged at 0.5%…
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With the ECB scheduled to meet today for its last monetary policy review for the year, here are some of the important sections we see that the ECB could stress on. Traders can view the live stream of the ECB’s press conference from this…
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Despite starting the week on a shaky note, the US Dollar Index managed to kick start its rally making fresh 5 year highs. The Index closed yesterday at 89 but remains short of the major resistance level at 89.17, which if the general theme…
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Dow Jones: 17920 Equity demand with Equity market managed to obtain drop correction with less than 10% which indicating the sustain of Long-Run uptrend wave market managed to jump fast in U.S equity after the last U.S GDP which…
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GOLD 1202 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 which…
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Oil (F5):67.20 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 Agency…
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