Orbex - Forex Trading Library

USDJPY takes breather on intervention rumours The Japanese yen finds a little relief as bears grow wary of a currency intervention. A steep liquidation from the psychological milestone of 150 has led some market participants to believe…
Read More

Gold prices continued their September fall into October. That is, until the ADP reported a surprise drop in the number of people hired. That brought at least a temporary end to the largest losing streak for the precious metal since 2017.…
Read More

EURGBP awaits breakout The euro dipped as ECB policymakers reaffirmed the peak rate in the current tightening cycle. Sentiment has improved after a tentative break above July’s peak of 0.8700. The pair is now consolidating its gains over…
Read More

On the bottom of your MT4 trading terminal, under the trading tab, you've likely noticed a column that says "swaps". At Orbex, you can also find these available on our website. If you are a day trader, you probably just ignore it, because…
Read More

The consensus among economists is that September's NFP data will be in line with the previous three months. This is relevant to the outlook for the dollar, because of comments from Fed Chair Jerome Powell in the aftermath of the last policy…
Read More

USDCHF consolidates gains The US dollar tries to hold on to its gains as traders await September’s nonfarm payrolls. A close back above the recent peak of 0.9220 was an indication of a persistently upbeat mood as buyers doubled down on…
Read More

As central banks move to step back from intervening in their currencies at every meeting, the fundamentals of forex are starting to reassert themselves. That is particularly the case for export-oriented economies. The primary use of foreign…
Read More

USDJPY hits major resistance The yen snapped back amid rumours of a possible Japanese authority’s intervention in the currency market. Traders have been on their toes as the pair slowly made its way back to the psychological and…
Read More