Orbex - Forex Trading Library

The Federal Reserve Bank will be concluding its two-day monetary policy meeting today. Heading into the interest rate decision, the consensus is loud and clear that the Fed will not tinker with the Fed funds rate, leaving them steady at…
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Despite the concerns about the potential economic impact from the wildfires and the spread of the coronavirus, the Australian Dollar has been moving higher this month. The data coming out next could give that trend a further nudge, and…
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Equity markets extended the declines from Friday’s close. The weakness comes as investors remain concerned about the coronavirus outbreak. Cases have now been registered in the United States, France, and Australia, besides China. The…
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There is a projected pattern on the USDJPY structure above that suggests further upside after the successful completion of primary wave ②. It assumes that January’s low at 107.65 ended with cycle wave b, which hints to 5-wave bullish move…
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It's normal to assume there will be a change in policy when an institution has a change of leadership. In fact, it's kind of unavoidable. Even for an institution like the ECB which has a mandate of maintaining stability, there are different…
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Trade of the week USDCHF Makes A Comeback The US dollar has been holding strong against major currencies ahead of the Fed’s first meeting of the year. Market participants eagerly await the central bank’s policy outlook for 2020. As…
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Equity markets were trading in the red into Friday’s close. The declines came partly as investor concerns rise on the impact of the Coronavirus breakout. Yields on the 10-year treasuries also increased, underlining investor concerns. Euro…
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The short answer is, yes. The Chinese Lunar New Year routinely has an effect on the price of gold. But just as important is why, and what that means for people who are interested in trading the precious metal. So how much of an effect…
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