Submitted Feb 16, 2021|From orbex.com

Inflation expectations are likely to be one of the main forex drivers over the next couple of months. As the economies reopen, we want to pay close attention to whether prices start to rise, and how fast. This will have an influence on the real ...

Submitted Feb 15, 2021|From orbex.com|1 comment

Tomorrow we have the release of a couple of key economic data points from the Eurozone. While generally, GDP figures are what moves the market, tomorrow’s release is the second reading of last quarter’s figure. The unemployment data is likely to get ...

Submitted Feb 12, 2021|From orbex.com|2 comments

Usually, when a central banker ends his tenure, he goes on to a relatively quiet life of consulting in the private sector and academia. Former ECB President Trichet, for example, has remained mostly out of the public eye. Ben Bernanke became a ...

Submitted Feb 10, 2021|From orbex.com

EURUSD seems to be forming a major primary bullish impulse. The bearish correction wave ④ has recently completed, which formed a zigzag consisting of sub-waves (A)-(B)-(C). In the short term, the primary wave ⑤ could reach the previous high marked ...

Submitted Feb 9, 2021|From orbex.com

With demand still under pressure in the middle of a pandemic, it might seem odd to talk about inflation. Especially with jobs growth stagnating, as we saw with last Friday’s NFP report. But this is the scenario that an increasing number of analysts ...

Submitted Feb 8, 2021|From orbex.com

For most of the latter half of last year, crude prices remained largely stable, with WTI hovering just a little over $40/bbl. This could have gotten some traders used to a relatively flat price range for crude. But if one thing is true about the ...

Submitted Feb 1, 2021|From orbex.com

Last October, EuroZone economic activity was reported to have exceeded expectations. In fact, it pulled the shared economy technically out of a recession. Technically, because compared to the prior year, the economy was 4.4% smaller. And even as the ...

Submitted Jan 22, 2021|From orbex.com|8 comments

Greenback Fades as Bears Take Control The US index dropped towards the 90 handle again as it closed 0.37% lower on Thursday. Joe Biden’s first day in the White House saw him overturn many of Trump’s executive orders, as America awaits confirmation ...

Submitted Jan 21, 2021|From orbex.com

Aside from being a measure of consumer confidence, retail sales data also gives us important insight into what we might expect Q4 GDP numbers to be like. Many economists predict most countries in the world have slipped back into recession during the ...

Submitted Jan 18, 2021|From orbex.com

Tomorrow’s release of the key ZEW economic sentiment survey for Germany could give us some market directionality. Daily new covid cases in Europe’s largest economy have been on the decline since the holidays. They remain well above rates that ...

Submitted Jan 15, 2021|From orbex.com|23 comments

For a while now, there has been substantial expectation about what US president-elect Biden’s proposal will be on the stimulus front. Many analysts have attributed the recent run-up in stocks as an anticipation of more fiscal spending. And, ...

Submitted Jan 14, 2021|From orbex.com|1 comment

So, the price of gold has been going on a bit of a roller coaster lately. And to make the life of traders a little more interesting, its behavior has been a bit counterintuitive. One would expect that following a massive, politically charged event ...

Submitted Jan 13, 2021|From orbex.com

Tomorrow we have the release of a preliminary, non-seasonally adjusted estimate of Germany’s GDP growth during last year. While it’s important news, we don’t expect it to move the market. This is because it’s not one of the official measures, but ...

Submitted Dec 23, 2020|From orbex.com

If the economy doesn’t return to normal during the course of next year, it will have at least made substantial strides in doing so. As people start flying again, get back on cruises, and take holidays, demand for fuel and energy is expected to ...

Submitted Dec 22, 2020|From orbex.com

The economy as we know it will be radically different. So, the signs that we use to get insight into the economy are likely to change. Some of the tools we’ve been using to get a leading edge on the market will still work. But their priority and ...

Submitted Dec 22, 2020|From orbex.com|6 comments

The EURUSD structure shows that the primary corrective wave ④ is fully completed as a zigzag. After the end of this correction, we saw the rise in the intermediate impulse (1)-(2)-(3)-(4)-(5). We are now in the middle part of the bearish correction ...

Submitted Dec 21, 2020|From orbex.com

Tomorrow we get the final reading of the US’ Q3 GDP numbers. We’ve already had the official adjustment, so there is little expectation that we’ll see any major change. And we are nearly at the end of Q4 at this point. So, aside from some algo ...

Submitted Dec 17, 2020|From orbex.com

Yesterday the Euro got a boost after French and particularly German PMI data substantially beat expectations. Of course, that was more measuring the current situation. The IFO survey is important because it asks businesses to evaluate their future ...

Submitted Dec 15, 2020|From orbex.com

While the press focuses on the potential ramifications of the scheduled conversation between UK PM Johnson and EC President von der Leyen (again), data is still coming out, driving the markets. There has been an improvement in sentiment over the ...

Submitted Dec 14, 2020|From orbex.com

In terms of monetary policy, we’re closing out the year with a lot of activity. Many of the important central banks meet this week to set policy over the holidays. This could set forex trends for the next month. We are approaching a regular period ...