Orbex - Forex Trading Library

With Saudi Arabia slashing prices while keeping production steady, the rumor mills are now strongly divided on the cause of declines.
Read More

The financial markets saw some action as volatility picked up early in the day in the spot fx markets. Japan’s cabinet minister put to rest all speculation of any snap elections or a delay to the sales tax hike which was earlier reported by…
Read More

The British Sterling looked wobbly earlier in the day ahead of key news releases. The Cable failed to hold on to the gains despite a turnaround in the USD's weakness earlier this week.
Read More

The US Dollar Index’s rally was clipped by a mixed Non Farm Payrolls data. Despite the job numbers coming out weaker than expected, the unemployment rate ticked lower to 5.8% while the past two month’s jobs numbers were revised higher.
Read More

Key Notes for November 11th Australia NAB Business confidence falls to 4 BRC Retail sales monitor y/y saw retail sales flat at 0% Japan’s consumer confidence declines to 38.9 from 39.9 previous month; Economy watchers sentiment also…
Read More

For most traders, it is either of the two; traders who strictly trade based on technical analysis or traders who strictly adhere to the fundamentals. However, practically speaking for the average retail trader, trading based off…
Read More

In a day marked by low volatility, the lone voice was that of ECB executive board member, Yves Mersch's speech in Herrenberg, Germany. Mersch said that the ECB's policy makers are ready to purchase asset-backed securities...
Read More

Carry trade, which simply involves borrowing one currency (in order to sell it with a purpose of buying back and returning to the lender) to fund or buy another currency, has been a long preferred way for investors.
Read More

Knowing yourself well is a key aspect of successful Forex trading.
Read More

The broad theme from Friday’s jobs data kept the flow going in today’s trading session without any major market moving events on the horizon. The Australia dollar was weak on home loans but managed to regain ground boosted by China’s…
Read More