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- Submitted Sep 19, 2019|From orbex.com
The BOJ meeting is now behind us. So it’s back to reviewing data and the market reaction to the fundamental drivers behind the yen. Coming up next, we have inflation data from Japan which is is the last major data we will see over the next week. We ...
- Submitted Sep 18, 2019|From orbex.com|10 comments
The US dollar posted strong gains on Tuesday as the two-day FOMC meeting got underway. The Fed will be announcing its rate plan decision and releasing the economic projections. Oil prices were also seen recovering from the recent surge. This came as ...
- Submitted Sep 17, 2019|From orbex.com
Tomorrow is a pretty busy day on the economic calendar! Key data is coming out both in Europe and the Americas. Here we’ll be focusing on inflation data from the UK and Canada. As most central banks around the world are heading towards an easing ...
- Submitted Sep 16, 2019|From orbex.com
Tomorrow we could get some extra volatility in Euro pairs with the release of key sentiment data from both Germany and the eurozone. Both figures come out at the same time. The market typically focuses on the largest economy in Europe. After risk ...
- Submitted Sep 16, 2019|From orbex.com
The US dollar closed bearish, marking two consecutive days of declines. This comes as investors likely booked profits ahead of the Wednesday FOMC meeting. The Federal Reserve is expected to lower interest rates by a quarter basis point. Meanwhile, ...
- Submitted Sep 13, 2019|From orbex.com
Despite some two way action, gold prices are ending the week in the red, as of writing. Earlier in the week, gold prices were weighed down by a firm recover in risk sentiment. It had improved in response to better relations between the US and China. ...
- Submitted Sep 13, 2019|From orbex.com|23 comments
Given that there are so many indicators out there, some are obviously optimized for certain kinds of trading. Trend traders need to focus more on certain aspects than day traders. So, trend traders developed indicators that meet their needs more ...
- Submitted Sep 12, 2019|From orbex.com
Tuesday registered a surprise beat in electronic card retail sales data. Now, the next bit of market-moving data is tomorrow’s (or later tonight, depending on where you are) BusinessNZ Manufacturing Index. This is like the Kiwi version of PMI and it ...
- Submitted Sep 11, 2019|From orbex.com
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 take, and they ...
- Submitted Sep 9, 2019|From orbex.com
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 turn to ...
- Submitted Sep 3, 2019|From orbex.com
The week of major data out of Australia continues. Now with the RBA rate decision out of the way, the next major bit of data that could move the currency is the GDP figure. Although analysts have said it’s not likely to impact monetary policy ...
- Submitted Sep 2, 2019|From orbex.com
The RBA will be meeting for a second time since it cut the rates last time. And this event could lead to some volatility in the markets! The economy in Australia continues to be unsatisfactory. And the bank has repeatedly made it clear they are ...
- Submitted Aug 29, 2019|From orbex.com|1 comment
What We Are Expecting Tomorrow we get two bits of interesting information that don’t usually move the markets immediately unless there is a big surprise in the data. However, they can drive trader sentiment and are useful for evaluating longer ...
- Submitted Aug 29, 2019|From orbex.com|13 comments
We’ve all heard about how trading the forex markets can offer a wide range of opportunities for anyone with a laptop and an internet connection. But, despite being available to everyone, entering this $5.3 trillion dollar a day industry can be quite ...
- Submitted Aug 28, 2019|From orbex.com|8 comments
You’ve probably come across the answer to this question in some online FX trading blog or other. Locking down profits in swing Forex trading involves the 50 SMA. Or perhaps some crossover system between two MAs, usually the 200 and 50 SMAs, or the ...
- Submitted Aug 27, 2019|From orbex.com|19 comments
The quickest and the probably least helpful answer to this question is a fixed amount; say $500 for example. Many brokers do set a minimum amount required to open a Forex trading account. But if you want a more practical answer, then it gets a bit ...
- Submitted Aug 26, 2019|From orbex.com|2 comments
Generally, there isn’t much reaction to final GDP numbers because they confirm what the market already knows from the preliminary figure. However, sometimes there are surprises when the final GDP number does come out. And that can significantly move ...
- Submitted Aug 22, 2019|From orbex.com
Its been another frustrating week for crude traders given the initial rally in the market, and subsequent retracement lower. Oil was boosted mid-week by the latest industry reporting which showed an unexpected drawdown in US crude stocks. The Energy ...
- Submitted Aug 14, 2019|From orbex.com
Coming up we have some key figures that routinely jog the Aussie and Kiwi. These are the first employment figures from Australia that have the full effect of the RBA’s back-to-back rate cut, so investors are going to be just as keen as the central ...
- Submitted Aug 12, 2019|From orbex.com
Impact on The Fed With an increasing number of forecasters now warning of US recessionary risk factors, expectations for further easing from the Fed are likely to build once more. This is despite the Fed having downplayed the prospect of further ...