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.

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
Mixed
Oil - US Crude
Mixed
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Technically-speaking $GBPUSD's rebound today looks less like a hold to bullish trend convention and more likely a breather in a larger bearish shift. Still, market conditions are still not particularly favorable for trends https://t.co/Zh9XPIcWcs
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.82% 🇳🇿NZD: 0.81% 🇦🇺AUD: 0.74% 🇨🇭CHF: 0.52% 🇪🇺EUR: 0.44% 🇯🇵JPY: 0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/tNVuht89y8
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Wall Street: 1.52% US 500: 1.15% Germany 30: 1.05% FTSE 100: 0.73% France 40: 0.63% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/MTUvyFX2Dm
  • Fed's Kaplan - This level of liquidity being injected encourages people to go out on the risk curve - Not worried this is going to create undue financial instability - But worried about the amount of risk taking
  • Happy Monday Traders! The volatility for the Dollar and major US indices continues this week with a correction in prevailing trends. DailyFX Chief Strategist @JohnKickligher gives you the run down. https://t.co/rxQ1GFgVE6
  • Fed's Kaplan - Moderating asset purchases sooner rather than later may increase Fed's odds of achieving inflation goal
  • RT @ecb: Introductory statement by President Christine @Lagarde at a hearing of the Committee on Economic and Monetary Affairs of the Europ…
  • ECB's Lagarde - spread of virus mutation continues to be a source of risk - brighter prospects for global demand and a faster than anticipated increase in consumer spending could result in an even stronger recovery $EUR
  • Fed's Bullard - This is not an environment where tapering could be put on auto pilot - Good question about whether it is the time to retire Fed's intervention in the MBS market
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.37% Gold: 0.81% Silver: 0.46% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/ST6zywP0yH
Long US Dollar Trades vs. Aussie, Euro and Franc Still in Play

Long US Dollar Trades vs. Aussie, Euro and Franc Still in Play

Ilya Spivak, Head Strategist, APAC

I continue to hold logn US Dollar exposing against the Aussie, the Euro and the Swiss Franc.

I sold AUDUSD at 0.9186 and have since taken profit on half of the exposure, with the rest open to capture further downside momentum and a stop-loss adjusted to breakeven (0.9186).

On EURUSD, I sold the pair at 1.3644 in line with my long-term fundamental outlook and likewise took profit on half of the trade. The rest is active with a stop-loss at 1.3583, my initial objective.

Finally, I entered long USDCHF at 0.9068. Here too, profits on half of the exposure have been booked, leaving the rest in play with a stop-loss at the first target of 0.9114.

To receive the latest trade updates, sign up for Ilya's email list.

http://bit.ly/WX6UIS

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

DISCLOSURES