forex australia_RBA

Earlier this morning, the Reserve Bank of Australia decided to keep the current policy unchanged, including the Cash Rate which remained at a record low at 1.5% as widely expected. However, the statement showed a balanced tone, which kept the market uncertain regarding the next decisions, leading to a slight gain in AUD pairs, which remains pos...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Canada_rates_1910_BOC

After the RBA decision yesterday, which had a notable impact on the Aussie, another day comes in with few economic releases during the European and the US session, which may have only a slight impact on the markets. However, the most important event for today comes from Canada, which likely to have the biggest impact on CAD pairs. In today’s rep...

2016-12-07 Nour Eldeen Al-Hammoury Read more
RBA

After closing the week before as the top performing currency, the US dollar fell against its peers turning out to be the weakest currency for the week ending July 29. The dollar turned weaker after the FOMC statement failed to convince investors on a September rate hike and the declines strengthened following the BoJ policy meeting and weak GDP ...

2016-08-01 John Benjamin Read more
BoC_Canada Inflation

Bank of Canada kept the benchmark interest rate unchanged at 0.50% on Wednesday, marking an unchanged monetary policy since last summer. In its monetary policy meeting statement, the central bank said that the fundamentals were in place for a pickup in the growth of the economy. However, the central bank warned that the economy was fluctuating m...

2016-07-14 John Benjamin Read more
Fed Rate hike _Orbex

On Wednesday UK’s ILO (International Labor Organization) 3-months unemployment rate was released, coming out at 5.2% with a previous reading of 5.3%. Job claims count went up in the month of November with 3.9K, reaching 0.796 million. The wage growth reaches half of its pre-crisis value, slowing to 2.4% from an earlier 3%. The US housing stats ...

2015-12-18 Kira Vessiari Read more
trading tools and educational information

Is the EURUSD tendency rising? Probably, if we look at the daily chart, but even there the situation is not good. The technical evolution slopes towards the minimum day by day. The euro is wrestling with the Greek problems and the apparent incapacity of the officials to put an end to this situation. Recently the PM, Alexis Tsipras, told lawmaker...

2015-06-19 Orbex Read more