Orbex - Forex Trading Library

Tomorrow's release of US CPI Preview is likely the most anticipated macroeconomic event of the week. It comes just as Fed officials are going into their pre-rate decision blackout period. Meaning that there won't be an opportunity for FOMC…
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XAUUSD Trading tests fresh highs Gold continues to set another record high following Powell’s hawkish testimony. The precious metal is the gift that keeps on giving, as it has added over $120 to its value in 6 days sparking increased…
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AUDUSD inflation rate still poses a threat The Australian dollar gathered strength after a pop above the latest resistance of 0.6600. The weakness in the greenback is being felt further afield, even if Australia’s GDP data was downbeat.…
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The price of gold has rocketed higher all this month, marking a significant trend in gold price activity. That's great news for gold bulls, but after such a meteoric rise, what about a correction? And after that, will it resume its upward…
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USDCHF drops 100 pips The US dollar saw a sharp reversal against the franc as prices recovered to the downside, prompting renewed interest in dollar analysis. After pulling back after hitting a double top at 0.8880, the greenback looks…
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There is a lot riding on tomorrow's US February NFP report, as the labor market has become central for forecasts of where the Fed will go with rates this year. The dollar has been firming up the last few months as the market keeps pairing…
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EURUSD Breaks Resistance Ahead of ECB Interest Rate Decision The US dollar retreats as the market awaits the ECB interest rate decision. A break above the first resistance of 1.0800 eased some downward pressure. Bulls have lifted prices…
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The ECB Preview is generating significant anticipation ahead of the monetary policy meeting tomorrow. The market has grown increasingly antsy about when the shared central bank is going to finally move towards easing. While analysts aren't…
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