Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
Video: Scheduled Event Risk Causes Bursts of Volatility but Bigger Drivers Lurk

Video: Scheduled Event Risk Causes Bursts of Volatility but Bigger Drivers Lurk

Talking Points:

• The majors look dangerous as they consolidate ahead of Friday's NFPs

• Yen cross traders should keep a close eye on the S&P 500 as it traces out a familiar pattern

• Will the BoC register more volatility from the Canadian Dollar than the RBA did for the RBA? Want to test out all the premium tools and resources FXCM has to offer?

We are holding an Open House.

Scheduled event risk continues to generate short-term volatility in different corners of the FX market. This past session, the RBA rate decision stoked the Aussie dollar's fires (though it wasn't capable of forcing a breakout) and the listings going forward only intensify. Today, we have PMIs, a BoC rate decision, Fed speakers, and the precursor to Friday's NFPs. There are likely opportunities in this mix, but the true potential rests with heavier themes a little further out. The ECB's rate decision Thursday and the key US labor report Friday are clear milestones for key market concerns. Meanwhile, a less certain but arguably more loaded threat looms with a possible shift in risk trends and US equities. We look at the known movers and the lurking threats in today's Trading Video.

Sign up for John’s email distribution list, here.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES