Orbex - Forex Trading Library

EURUSD sees limited pullback The euro retreated after the ECB's chief economist tempered expectations of more hikes after the summer. The pair is grinding the support-turned-resistance of 1.0960 from the start of the mid-May sell-off.…
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GBPUSD rallies on high rate expectations Cable inches higher as the Bank of England is expected to stay hawkish. As inflation in the UK remains above 8%, the highest among major economies and seems to be stickier than in the US or…
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Over the last week, Chinese authorities have taken a series of measures to prop up the economy. That could be seen initially as a good sign for the global economy and commodity prices. But if the economy is doing well, then it typically…
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EURUSD surges towards recent peak The euro soared after the ECB's eighth consecutive interest rate hike amid rising inflation forecasts. The pair has been inching up along a rising trend line from last week and a surge above the supply…
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Tomorrow sees the meeting of the BOJ, followed next week by inflation figures. In somewhat unusual circumstances, the data coming out after the central bank meeting might have a bigger impact on the market. There is a lot of scrutiny on…
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