Orbex - Forex Trading Library

Greenback Enjoys its Best Day this Year The dollar index reacted to the victory in Georgia for the Democrats as it closed 0.52% higher on Thursday. The immediate impact is that the new administration will unveil a large stimulus package…
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Gold Gold prices started the week on a positive note. However, they reversed lower midweek as the US dollar made a comeback. The greenback rallied in response to the Georgia run-off results. The election outcome removed political…
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The precious metal is posting declines, albeit at a slower pace in comparison to the day before. The precious metal is trading near the 1911 region, which has in the past proven to be a strong support and resistance level. With the…
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Oil prices are on track to post a third consecutive daily gain. Price action has breached past the $50.00 level on 6 Jan. However, the current pace of gains tests the trendline from below. This could mean that price action could make a…
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The British pound sterling is posting back to back losses for a second consecutive day. But price action remains confined within the 4 January range. To the downside, the GBPUSD will be testing the support area near 1.3500. However, a…
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The common currency is giving back the gains from the previous day. The declines come after the euro rose to a new two and a half year high on Wednesday. However, following the gains, prices retreated off the trendline. For the moment,…
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Shares in aircraft maker Boeing are trading a little higher pre-market on Thursday. The company's shares have been in decline over recent weeks as concerns over the resurgence in lockdowns. Travel restrictions have once again hit air-travel…
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