Submitted Dec 31, 2018|From orbex.com

The U.S. dollar was seen trading a bit weaker on Friday with the markets showing a mixed sentiment overall. The Japanese yen maintained its dominance as the currency continued to appreciate against the U.S. dollar. The sterling was also seen trading ...

Submitted Dec 28, 2018|From orbex.com|5 comments

Many people look forward to a new year as a fresh start, a chance to draw a line under the past and move forward working towards a better future. New Year’s resolutions are a great example of how we can embrace this idea of a fresh start to work on ...

Submitted Dec 21, 2018|From orbex.com

The yellow metal surged higher this week, despite initial weakness in response to the latest US interest rate increase. Following the initial reaction to the decision, the US Dollar softened as the market digested the lower revision to the Fed’s dot ...

Submitted Dec 19, 2018|From orbex.com

The U.S. dollar was seen trading weaker on Tuesday. The weakness in the greenback comes ahead of today’s Fed meeting. However, the USD was seen managing to recover some of the losses later in the day. Economic data on the day showed that the German ...

Submitted Dec 14, 2018|From orbex.com

After breaking out above the 1235 resistance level last week which has capped price over the past six months, gold prices retreated lower this week as the US Dollar pushed back up toward recent highs. US Dollar has come back into favor ahead of the ...

Submitted Dec 12, 2018|From orbex.com|2 comments

This week, the European Central Bank will be holding its monetary policy meeting. The last meeting for this year, the Central Bank will be announcing an end to its QE program. The crisis-era stimulus program which began in 2015 saw the European ...

Submitted Dec 11, 2018|From orbex.com

Tax rates around the world generally don’t get much coverage or consideration in Forex thought and discussion. This is unfortunate and a bit of a blind spot for traders, but there are two quite good reasons for this: First, changes in the tax system ...

Submitted Dec 6, 2018|From orbex.com

Trading in the U.S. markets were subdued as equities, and some other exchanges were closed due to the National day of mourning for the former President George H. W. Bush. In the Eurozone, the services PMI showed a modest increase in activity as the ...

Submitted Dec 5, 2018|From orbex.com|1 comment

The U.S. Dollar was seen trading a bit volatile on Tuesday. Economic data on the day showed that consumer prices in Switzerland fell 0.3% on the month. This was worse than forecasts of a 0.1% decline. The data comes ahead of next week’s quarterly ...

Submitted Dec 4, 2018|From orbex.com

Precious metals managed to punch through the ceiling and escape from their bearish corrective structures. A new cycle seems to have started, and it could be quite interesting, as the expectations would reflect a continuation for the recently started ...

Submitted Nov 29, 2018|From orbex.com

Crude oil prices this week cratered to a fresh 2018 low on yet another build in US crude stockpiles. The latest data from the Energy Information Administration, which collects the data weekly, showed that in the week ending November 23rd, crude oil ...

Submitted Nov 28, 2018|From orbex.com

The U.S. Dollar was seen rallying to previously established highs from just a few weeks ago. The strong rally in the USD sent most of its peers back to their lows. Economic data from the Eurozone was relatively quiet for the most part. The NY ...

Submitted Nov 23, 2018|From orbex.com|1 comment

The previous article gave a background about the fed funds futures rate and how it affects the interest rates down the line. From a trader’s perspective, understanding the path of the rate hikes can help in many ways. From a day trading perspective, ...

Submitted Nov 20, 2018|From orbex.com

Gold and Silver have been rising consistently for an entire trading week, ever since the greenback started tumbling. The bullish sequences appear to be taking forms of impulses; therefore, it can be said that XAU/USD and XAG/USD could be poised for ...

Submitted Nov 16, 2018|From orbex.com

Crude oil extended its current sell-off to a sixth consecutive losing week this week. The increased selling came on the back of yet another reported build in US crude oil inventories. The latest data from the Energy Information Administration showed ...

Submitted Nov 16, 2018|From orbex.com

The yellow metal managed to recover this week, trading up off initial weekly lows, to put in a positive week. The move was largely a response to the rally in the US Dollar which traded up to fresh 2018 highs this week on better than expected US CPI ...

Submitted Nov 13, 2018|From orbex.com

The worst of these cases includes house prices dropping by 30% with the unemployment rate soaring and the RBA cutting rates to 0% from their current level of 1.5% which is the record low. The analyst responsible for creating the report, ...

Submitted Nov 9, 2018|From orbex.com

The yellow metal posted its second consecutive negative week as the resurgent US Dollar pushed gold down. The Dollar had initially been weaker at the start of this week’s session due to the outcome of the US mid-term elections which saw Trump’s ...

Submitted Nov 8, 2018|From orbex.com

The latest data from the Energy Information Administration showed that crude stocks in the US rose over the week ending Nov 2nd by 5.8 million barrels. This figure is more than double the 2.4 million barrel increase that the market was looking for. ...

Submitted Nov 7, 2018|From orbex.com

The markets were seen trading subdued ahead of the NY trading session as polling for the mid-term elections was underway. Reports indicate that the Democrats are back in control of the House while the Republicans have maintained control in the ...