summer trading

With a slowdown usually being observed in the forex markets during the summer months, this could be the best time to take a break from trading. Trying to trade in low volatility and low liquidity market conditions can lead to trading mistakes, with emotions dictating trading decisions. Perhaps this could be a great time to take a vacation that b...

2018-08-10 Orbex Read more
summer trading

Like most of us in the hot summer months, the forex markets also slow down, especially in July and August. The sluggishness during this time of year could be a result of low liquidity conditions, less economic releases, as well as a large number of traders vacationing at this time. Even institutions known for their large volumes have a huge numb...

2018-08-09 Orbex Read more
nfp august 2018

The US non-farm payroll (NFP) report, published by the country’s Department of Labor, is possibly one of the most important factors affecting the US dollar. Given that the Greenback is the most traded currency in the world, forex traders all over the globe are on edge waiting for the release of this announcement each and every month. August's re...

2018-08-02 Orbex Read more
imf on growth

Despite the uncertainty and the negative news surrounding the trade wars rhetoric that is touted to impact the global growth, forecasts from the International Monetary Fund last week showed that growth in the global economy will remain robust. This comes amid various other risks including the political uncertainty in the Eurozone and the decline...

2018-07-27 John Benjamin Read more
forex traders watching brexit

Volatility is what drives the forex markets. The higher the volatility, the more room there is for traders to earn profits. And, one of the biggest events over the past couple of years to have affected the forex markets has been the Brexit vote. In fact, these days, it is politics, more than economics that has been leading to large fluctuations ...

2018-07-25 Orbex Read more
BoE

The UK currency market was busy last week amid the jobs and the inflation report scheduled over the week. Ahead of the week, investors were expecting to see a healthy pace of increase across the labor market and consumer prices. [shortcode-variables slug="confidenttotrade"] UK unemployment rate holds steady at 4.2% On Wednesday, the UK's Of...

2018-07-24 John Benjamin Read more
canada unemployment rate

Canada’s monthly jobs report showed that the economy added a healthy gain of 31,800 jobs in the month of June. But this wasn’t enough to keep the unemployment rate steady. Canada’s unemployment rate jumped two percentage points to 6.0%. In May, the unemployment rate held steady at 5.8%. This was the first time that Canada’s unemployment rate ...

2018-07-09 John Benjamin Read more
FOMC minutes reveal a hawkish bias

The Federal Reserve Bank released its monetary policy minutes from the meeting that was held in March this year. The central bank had hiked interest rates by 25 basis points which was widely anticipated. At the meeting, central bank officials stuck to the baseline scenario of sticking with three rates hikes in 2018. Following the March rate h...

2018-04-24 John Benjamin Read more
US Treasury Report adds India to watch list

The semi-annual currency report was released by the U.S. Department of Treasury last week. The report, published under the Trump administration refrained from naming any of the trading partners as currency manipulators but maintained pressure on China. The report criticized China for its "non-market direction" and warned of the global risks. ...

2018-04-19 John Benjamin Read more
Trade Tensions

Less than 24 hours hours after the People’s Bank of China hinted it may change the components of its USD/CNY basket, global currency and bond markets were shaken by Bloomberg reports that it is considering scaling down its purchases of US treasury bonds. This was in light of surging trade tensions with US. Less than 12 hours later, Canadian offi...

2018-01-17 Ashraf Laidi Read more