Orbex - Forex Trading Library

After the completion of the cycle-degree impulse wave a, we could see a ‘three’ wave b taking place. The corrective Ⓐ-Ⓑ-Ⓒ formation seems to suggest that we are in a primary zigzag pattern. The zigzag’s wave Ⓐ is fully completed, whereas…
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Unlike most countries, New Zealand publishes its inflation data only once per quarter. This means there are a lot more expectations ahead of the release. Many analysts are saying this is a key point that will set the trend for monetary…
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Investors look to today’s ECB’s monetary policy meeting knowing full well that the central bank will maintain the status quo. At best, the ECB will only review the impact of its monetary policy so far. In terms of any surprises, the…
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The Bank of Canada held its monetary policy meeting on Wednesday. As widely forecast, the BoC left the key interest rate steady at 1.75%. Ahead of the BoC meeting, Canada’s inflation data came out. Consumer prices were seen to be fairly…
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The next bit of economic data coming out of Australia could have a significant impact on the AUD. The RBA is closely watching the labor market, as it sees the creeping increase in unemployment as a challenge to maintaining the inflation…
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