Orbex - Forex Trading Library

EURUSD bounces off key support The US dollar slumped as the Fed raised interest rates by 25 basis points as widely expected. The pair has given back over half of the gains from the rally earlier this month. Medium-term sentiment would…
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The ECB rate is running into a problem that could end up significantly moving Euro pairs over the course of the coming months. It was slow to raise rates compared to other central banks. While it was more aggressive a few months ago, the…
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Get ready to trade the NFP LIVE with our leading experts!  Join our resident US market specialists, David Kindley and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on August 4th, 2023.  All…
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AUDUSD struggles to bounce The Australian dollar faltered after Q2’s CPI fell short of expectations. After hitting resistance and forming a double top at 0.6900, the pair has sought to secure a foothold. While some profit-taking has…
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There is a near-unanimous consensus that the Fed will hike rates at the conclusion of the FOMC meeting tomorrow. What could move the markets, therefore, is a little more complicated. The accompanying statement followed by Fed Chair Jerome…
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NZDUSD tests major support The US dollar holds onto recent gains as PMI data show the US as the most resilient economies. The long drift lower is a sign of profit-taking from the previous surge and the pair is now testing the demand…
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After the RBA left the door open for another rate hike when it meets next week, there is a lot of attention on CPI figures to be released on Wednesday. There was quite a bit of division ahead of the last rate decision, so the surprise of…
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