Orbex - Forex Trading Library

The US dollar index was seen posting solid gains on Wednesday. The recovery comes after the index was trading rather muted in the previous sessions. Economic data on the day saw the US producer prices index rising more than expected.…
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There's a pretty strong consensus in the markets that something will come out of the ECB monetary policy meeting tomorrow. The question that will move the markets is: what? There are quite a few potential measures that the ECB could…
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Most of the FX majors remain somewhat soft on the third trading day this week apart from FX safe-havens and the euro. With risk flows halting in the first half of the trading session, market participants seem rather restrained on asset…
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The US President has bid goodbye to another national security adviser.  This comes after an array of internal disputes over Russia, Iran, North Korea, and several other foreign policy issues. President Trump took to Twitter,…
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The US dollar recovered from Monday’s decline, but price action was largely confined to the previous session’s range. Reports that China was willing to buy US agricultural products sent equity markets briefly higher, reflecting the risk…
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The US producer prices index data will be released by the Department of Commerce ahead of tomorrow’s consumer price index data. Economists are forecasting that the producer prices index will rise at a slower pace of 0.1% on the month. In…
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Today, trading activity is thin compared to Monday. All of the FX major currencies seem reluctant to move in any direction with narrow and short-lived spikes making the best of the session so far. Pound Lower on Poor Jobs Data Despite…
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At the start of the week, commodity currencies got a bump. This came after the PBOC reduced reserve requirements for banks (RRR as it's known). This highlights the importance of the Chinese credit situation in forex, and why traders ought…
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The week started off on good footing for the euro on Monday, supported by economic developments as well as monetary policy expectations. Dollar, on the other hand, kicked this week's trading session off on a rather weak footing despite…
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