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  • Join @CVecchioFX 's #webinar at 7:30 AM ET/11:30 AM GMT for your weekly update on the world's most influential central banks. Register here: https://t.co/xCF8skC3Bz https://t.co/1YuxYMDLaY
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 3.07% Gold: 0.52% Oil - US Crude: -0.87% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/g9OjizhyGb
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.51% 🇯🇵JPY: 0.08% 🇨🇭CHF: 0.04% 🇳🇿NZD: 0.00% 🇪🇺EUR: -0.02% 🇨🇦CAD: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/k8vBqgtTyX
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/S9CEcBm5Qe https://t.co/Dl0XNLJ8FM
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.13% Wall Street: 0.10% US 500: -0.01% France 40: -0.39% FTSE 100: -1.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/hPEruv9ifF
  • It was quite telling that during the Q1 crash, no central bank with negative rates went deeper into negative territory https://t.co/8TFclrghkE
  • Nothing like a good old August melt-up in $USDTRY - Reminder, next Turkish Central Bank Rate Decision is scheduled for Aug 20th - Record high 7.26 https://t.co/yhyBZ3qZCJ
  • Gold Price Surge May Be Losing Steam, US Fiscal Stimulus Eyed - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/08/06/Gold-Price-Surge-May-Be-Losing-Steam-US-Fiscal-Stimulus-Eyed.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #XAUUSD #gold #stimulus https://t.co/fBBfTC9nvW
  • BoE Governor Bailey says negative rates are in the toolkit, but it is not in the current plan to use them $GBP
  • Emotions are often a key driving force behind #FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:https://t.co/eILWbFgHRE https://t.co/CVJCHaxfJs
AUD/CAD
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76% of retail CFD accounts lose money 76% of retail CFD accounts lose money Trading forex carries a high level of risk

Australian Dollar - Canadian Dollar Chart

Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.
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Real Time News

DailyFXedu Aug 6, 2020
Join @CVecchioFX 's #webinar at 7:30 AM ET/11:30 AM GMT for your weekly update on the world's most influential central banks. Register here: https://t.co/xCF8skC3Bz https://t.co/1YuxYMDLaY
2020-08-06 10:30:04
DailyFXTeam Aug 6, 2020
Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 3.07% Gold: 0.52% Oil - US Crude: -0.87% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/g9OjizhyGb
2020-08-06 10:30:00
DailyFXTeam Aug 6, 2020
Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.51% 🇯🇵JPY: 0.08% 🇨🇭CHF: 0.04% 🇳🇿NZD: 0.00% 🇪🇺EUR: -0.02% 🇨🇦CAD: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/k8vBqgtTyX
2020-08-06 10:15:01
DailyFX Aug 6, 2020
It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/S9CEcBm5Qe https://t.co/Dl0XNLJ8FM
2020-08-06 10:00:19
DailyFXTeam Aug 6, 2020
Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.13% Wall Street: 0.10% US 500: -0.01% France 40: -0.39% FTSE 100: -1.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/hPEruv9ifF
2020-08-06 10:00:01
Aug 6, 2020

Economic Calendar

22:30:00
M
Ai Group Services Index (JUL)
A:
F:
P: R: 31.5
01:30:00
H
RBA Statement on Monetary Policy ()
A:
F:
P: R:
01:45:00
M
RBA Ellis Speech ()
A:
F:
P: R:
12:30:00
H
Unemployment Rate (JUL)
A:
F: 11%
P: R: 12.3%
12:30:00
H
Employment Change (JUL)
A:
F: 400K
P: R: 952.9K
12:30:00
M
Full Time Employment Chg (JUL)
A:
F:
P: R: 488.1K
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