Orbex - Forex Trading Library

China's economy is expected to have accelerated in the final quarter of last year. That might offset some of the worries that have been percolating in the market lately. Several companies recently have issued warnings that they saw the US…
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USDCHF looks to recoup losses The US dollar softened after the continuous easing of inflation rumours. The pair has remained under pressure after a tentative break below last year’s low of 0.8550. The current rebound from this critical…
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The GBPUSD has been relatively quiet on the fundamentals front, allowing technical traders a respite from the news. But the rest of the week will feature a series of key market-moving data points just ahead of the European trading session.…
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NZDUSD extends consolidation The Kiwi remains indecisive after falling back down to the 0.62 handle. With the greenback making gains across the board, the pair has seen a drop of over 100 pips since the start of the year. On the 4-hour…
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EURUSD recession fears easing The euro steadies as the eurozone appears more resilient than expected. With retail sales not contracting as much as expected, this eased concerns that the bloc will also hit a softer landing much like…
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Friday sees the unofficial start of Q4 earnings season with reports from the largest US banks. There are a couple of other key companies reporting, such as United Health and Delta Airlines. But the financial industry is most likely to be…
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EURUSD finds bullish route After mixed CPI data, the US dollar steadied itself for the next Fed meeting. On the chart, the euro has bounced off the 20-day SMA as it sought to preserve its gains. A sharp break above 1.0970 has attracted…
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After the dollar, the pound was the currency that most appreciated last year as the BOE was among the most aggressive rate hikers among the major central banks. But, the higher the rates go, the more they can come down. Now the question is…
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