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- Orbex ZERO Spread Trading Account
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- Orbex replied Sep 13, 2018
The U.S. dollar eased back strongly on Wednesday. The United States was seen making attempts to hold trade talks with China. On the economic front, data from the Labor Department showed that producer prices fell 0.1% in August unexpectedly. This was ...
- Orbex replied Sep 12, 2018
The British pound managed to post some modest gains on Tuesday after data showed that average earnings increased 2.9% on the year excluding bonuses in July. The data beat estimates and the unemployment rate held steady at 4.0%. The pound sterling ...
- Orbex replied Sep 11, 2018
The UK’s GDP data released yesterday showed that the monthly gross domestic product increased 0.3% on the month. The data beat estimates of a 0.2% increase and up from 0.1% previously. However, manufacturing production fell 0.2%. Construction output ...
- Orbex replied Sep 10, 2018
The U.S. dollar posted strong gains on Friday fuelled by strong wage growth and overall positive sentiment for the currency. The official payrolls report for the month of August showed that the U.S. economy added 201,000 jobs during the beat. This ...
- Orbex replied Sep 7, 2018
The economic calendar today will see the German industrial production numbers coming out. Forecasts point to a 0.3% increase on the month following last month’s decline of 0.9%. The UK’s consumer inflation expectations report will also be coming ...
- Orbex replied Sep 6, 2018
It was a busy day for the markets on Thursday. The U.S. dollar gave up the gains from the previous day leading to the Euro and the pound sterling posting activity on the day. The British pound was volatile after initial reports from Bloomberg showed ...
- Orbex replied Sep 4, 2018
The British pound slumped on Monday after renewed concerns on Brexit. The Pound sterling fell as the UK’s manufacturing PMI fell to a 25-month low. Economic data from the U.S. was sparse with the U.S. and Canadian markets closed on account of the ...
- Intraday Technical Analysis September 2018
The U.S. dollar was seen gaining ground on Friday as the markets closed the month of August. ...
- Orbex replied Aug 31, 2018
The U.S. dollar was seen posting a recovery on Thursday. The currency gained amid economic data from U.S. showed that the core PCE price index increased 0.2% on the month. Personal spending data showed a 0.4% increase as expected while personal ...
- Orbex replied Aug 30, 2018
The U.S. dollar was seen trading on the back foot amid a rather busy day. The economic data from the U.S. showed that the economy advanced by 4.2% during the second quarter. The second revised estimates were higher than the initial estimates which ...
- Orbex replied Aug 27, 2018
The U.S. dollar index was seen giving back the gains on Friday, following the speech by the Fed chair Jerome Powell at the annual Jackson Hole Symposium. The dollar index fully gave up the gains logged from Thursday. In his speech, Powell said that ...
- Orbex replied Aug 24, 2018
The U.S. dollar was seen recovering from the losses on Thursday. The reversal came following the release of the FOMC meeting minutes. Economic data on the day showed that the ECB officials were concerned about the risks of the uncertainty from the ...
- Orbex replied Aug 23, 2018
The U.S. dollar was trading flat on Wednesday. Economic data was most limited. The Fed released its monthly meeting minutes. The minutes showed that officials were concerned about the impact of trade tariffs on the U.S. economy. However, officials ...
- Orbex replied Aug 22, 2018
The U.S. dollar continued to extend the declines on Tuesday although price action was mostly subdued. The declines came following the U.S. President Trump’s interview with Reuters. During the interview, Trump criticized the Federal Reserve for ...
- Orbex replied Aug 21, 2018
The U.S. dollar was seen easing back on Monday with a slight risk on sentiment following the upcoming China – U.S. trade talks. However, there was some negative news as well with media outlets reporting Trump criticizing the Fed for raising interest ...
- Orbex replied Aug 20, 2018
The U.S. dollar was seen easing back from the strong gains made earlier in the week. By Friday’s close, the U.S. dollar index was seen giving up the gains and closed near 95.99. Economic data on Friday saw the release of the final inflation figures ...
- Orbex replied Aug 17, 2018
Australia’s wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This missed expectations of a 15k increase. In the UK, ...
- Orbex replied Aug 16, 2018
The U.S. dollar was seen trading a bit subdued on Wednesday. However, price action was seen staying firm for the most part. Economic data over the day saw the Australia wage price index. For the second quarter, wages grew at a pace of 0.6% matching ...
- Orbex replied Aug 14, 2018
The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for the day was sparse. Still, the Turkish lira ...