Orbex - Forex Trading Library

The US dollar was seen posting declines after price turned flat in the previous two sessions. Lack of any economic data from the US saw investors focusing on Friday’s payrolls report and Fed Powell’s speech. The Fed Chair did not commit to…
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Last week's flows spilled over to this week's session during the European and London session, supporting all majors against a weaker dollar. Pound & Aussie Best Performers Despite the political turmoil in the UK, the latest…
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Unlike most other countries, New Zealand does not publish it's consumer confidence data on a monthly basis. We only get that information once each quarter. So, in order to get a better view of the changes in consumer sentiment, analysts…
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Boris Johnson, Britain's rather controversial Prime Minister, is running out of options. Last Friday, a bill to block a no-deal Brexit by October 31st passed the House of Lords. It should now be made law as early as Monday. The bill…
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The week ahead will see investors shifting focus to the European Central Bank which will be stealing the limelight given the expectations. However, there are other high-ticket events lined up over the week such as US inflation, producer…
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The US dollar was seen closing red on Friday, but the declines were modest. The payrolls report for August was mixed. While the US economy failed to meet the median estimates on payrolls, the wage growth was prominent. The US economy added…
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There was a number of instruments that ended the session mixed yesterday. This is despite risk-on flows continuing to push the dollar lower in the early hours. As NY opened following some relatively good ISM Non-Manufacturing and ADP…
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The MACD (typically read as "mac D") is one of the most popular indicators among forex traders. It's a very useful tool in your trading arsenal. And it's helpful even if you aren't using it as your main signal generator! One of the…
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