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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.42% 🇬🇧GBP: 0.36% 🇨🇭CHF: 0.24% 🇦🇺AUD: 0.20% 🇳🇿NZD: 0.09% 🇯🇵JPY: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Ibyq0gaddd
  • Silver posting a decent session, rising over 1% during trade $XAG $USD https://t.co/3bcmpF908p
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Silver: 0.90% Gold: 0.12% Oil - US Crude: 0.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/1EMCChMyKN
  • Senate vote was 156 to 140
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in AUD/JPY are at opposite extremes with 67.26%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/9OZ88CUGm1
  • BHP Billiton Q2 copper output 428,100 tons vs Est. 385,000 tons
  • PM Conte survives confidence vote with 154 votes in favour, however, this is short of the absolute majority of 161 votes needed While little reaction in Euro, BTPs will give a signal of sentiment regarding Italian politics at tomorrow's open https://t.co/3CRMwH1GUu
  • The Canadian Dollar has struggled to recapture bullish momentum as FX markets continue to rebalance US Dollar positioning. Get your $USDCAD marketing update from @CVecchioFX here:https://t.co/gyUcAYZRSC https://t.co/DZVFybVVJd
  • 🇺🇸 Overall Net Capital Flows (NOV) Actual: $214.1B Previous: $-11.1B https://www.dailyfx.com/economic-calendar#2021-01-19
  • I do agree their weak EPS might be a knock on their ability to capitalize on the current situation. I suspect many investors will look right past that to highlight the change in net subscribers added which smashed expectations https://t.co/S9fzVqMn4g
Forex Trading: EUR/GBP Remains Bearish Below 0.8140

Forex Trading: EUR/GBP Remains Bearish Below 0.8140

David Song, Strategist

As the EURGBP extends the advance carried over from the previous week, we’re seeing the relative strength index quickly approach overbought territory, and the European Central Bank (ECB) and Bank of England (BoE) interest rate decisions may serve as the fundamental catalyst to spark a sharp reversal in the exchange rate. Beyond the rate announcement, dovish rhetoric from President Mario Draghi may drag on the euro should the central bank head hint at further monetary support, while the BoE may refrain from releasing a policy statement as the Monetary Policy Committee (MPC) maintains a neutral policy stance. In turn, we will wait for a reversal in the RSI for confirmation, and will preserve our bearish forecast for the pair as it appears to be carving a lower top ahead of 0.8140-50, the 0.786% Fib from 2008 low to the 2009 high.

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

DISCLOSURES