Orbex - Forex Trading Library

The euro currency is posting gains for the first time in four days. The rebound comes after the common currency touched down to a two-month low earlier on Thursday. However, the reversal came just a few pips away from the 1.1600…
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Shares in US banking firm JPMorgan Chase are trading almost 2% lower pre-market on Thursday. The bank’s stock price was under pressure this month despite a positive Q2 earnings release. Investors have been disheartened by news that the bank…
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Yesterday's Flash PMIs for September marginally disappointed analysts, lending credence to worries that there might be a slowing in the pace of the recovery. The figures also affirmed a trend among developed nations, with manufacturing…
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NZDCHF has seen a gradual ascension from the yearly lows witnessed in March. Prices have failed in an attempt to break out of the upper regression line, leading to a move to the median regression. Further weakness in the pair has seen a…
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Inventories Fall Again Crude oil prices came back under offer this week. This was despite the latest weekly update from the EIA showing a further drawdown in us crude stores. The Energy Information Administration report showed that in…
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Beaten Down Dollar Back with a Vengeance The US index capped its fourth positive session as it closed 0.45% higher yesterday. The main significance is that it remained above the psychological 94 handle. Investors have turned to the…
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The precious metal remains in a bearish move after earlier this week, price failed to hold above the 1900 level. A brief retracement saw prices testing the 1911.50 level. But with no further room to go, gold prices reversed direction.…
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Crude oil prices are trading with some modest gains on Wednesday. This is after earlier in the week, a weaker inventory report from the American Petroleum Institute (API) saw price falling. For the moment, oil prices are holding on to…
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The British pound sterling has declined for the past three sessions. However, price action on Wednesday could possibly see a flat close. A Doji formation following three days of strong declines could offer some rebound in the near term.…
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