Orbex - Forex Trading Library

XAGUSD attempts recovery Silver awaits a full recovery from the recent bounce at $22 as traders are eyeing the Fed’s policy meeting. The precious metal is still grinding the support-turned-resistance of 23.00. Last week’s recovery saw a…
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Time is running out for the Fed, if it's going to match the market's rate projections for this year. If it doesn't, then the dollar and US equities could get riled up this week. Given the anticipation for rate hike starting soon, tomorrow's…
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AUDUSD stuck in consolidation The Australian dollar continues its sideways trend as traders remain hopeful of a cut in the Feds rate. A tentative bounce off the 0.65 handle fuelled bulls enthusiasm and could lay the foundation for an…
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Get ready to trade the NFP LIVE with our leading experts!  Join our resident US market specialists, David Kindly and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on February 2nd, 2024.  All…
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The big event for the Euro this week in the wake of the ECB meeting is the release of inflation figures. We have to remember that in her post rate decision press conference, ECB President Christine Lagarde insisted that future rate…
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USDCHF falters at recovery Next week, the US dollar builds a base ahead of the Fed’s interest rate decision. An initial pop above 0.8725 has prompted short-term sellers to cover some of their bets. 0.87 along the 20-day moving average…
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EURUSD subdued as ECB remains firm The euro faltered in its latest attempt at a resurgence as the ECB kept interest rates unchanged. The central bank still duels with record high levels as it looks to bring inflation back to 2%.…
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Commodity currencies are on high alert as China struggles to deal with a $6 trillion rout in its stock market. The release of China's PMI figures next week will put renewed focus on the Asian giant, and whether it will be able to restore…
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