Orbex - Forex Trading Library

Range-bound trading is especially suited for trading the forex markets. It is often a favorite of forex traders who take shorter-term positions. To understand why, though, we have to take a closer look at the underlying traits that move…
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The services sector activity as measured by the Institute for Supply Management (ISM) saw a decline in September. The index fell to 52.6 during the month, coming out lower than the estimates of 55.1. In August, services activity rose to…
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Traders are looking to the monthly nonfarm payrolls due later this afternoon. The release will no doubt shape the decision of monetary policymakers. According to the economists polled, the monthly payrolls for September is forecast to…
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Closing out the week for Australia, we have the first potentially market-moving economic data after the RBA meeting. As expected, the bank cut interest rates. But that only leaves open the question as to when it will cut them again.…
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The World Trade Organization ruled in favor of the United States in regard to the dispute on aircraft subsidies from the EU. At the heart of the dispute is the complaint from Washington about Airbus SE (a European aircraft manufacturer)…
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September's ISM non-manufacturing PMI report is due to come out today. Economists forecast that non-manufacturing or services activity in the United States will decline during the reporting month. The ISM services sector has also been…
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It's been really busy for Europe on the economic calendar for the last couple of days. And the data barrage has at least one more day to go! Tomorrow we get the important retail sales data after the final PMI composite data. The…
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The US dollar traded weaker as it gave back the gains from the previous session. The ISM manufacturing PMI disappointed as the index fell to 47.8 in September. This follows a decline to 49.1 in August. The employment gauge was also…
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Traders will be looking to the (Automatic Data Processing) ADP payrolls report due later today. The report released by the private payrolls processing firm ADP will set the tone for this Friday’s nonfarm payrolls report. But given the…
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