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.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • There’s a strong correlation between interest rates and forex trading. Forex is ruled by many variables, but the interest rate of the currency is the fundamental factor that prevails above them all. Learn how interest rates impact currency markets here:
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here:
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here:
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
  • 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:
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here:
  • Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to the trading plan, and builds confidence. Learn how to stick to the plan, stay disciplined, and use a checklist here:
  • Use this technical analysis pattern recognition skills test to sharpen your knowledge:
  • #Gold prices put in a major breakout last month and, so far, buyers have held the line. But a really big Fed meeting is on the calendar for this week. Can Gold bulls hold? Get your market update from @JStanleyFX here:
Brexit Briefing: Austria Brings Populism Back Into Focus

Brexit Briefing: Austria Brings Populism Back Into Focus

Martin Essex, MSTA, Analyst

Talking Points

- Austria will hold a snap election in October and the Eurosceptic right-wing Freedom Party will likely be a member of a new governing coalition.

- That’s a risk for the Euro, which is currently benefiting from Donald Trump’s problems in the US.

- Check out the DailyFX Economic Calendar and see what live coverage of key event risk impacting FX markets is scheduled for the week on the DailyFX Webinar Calendar.

Elections have already passed this year in the Netherlands and France without giving the markets too much to worry about, and are likely to pass too in France (again), the UK and Germany without upsetting the applecart. But what about Austria?

The little Alpine nation that was once at the heart of an empire and is now an EU member is to hold an early snap parliamentary election on October 15 after persistent rows within the governing coalition. As a result, the far-right Freedom Party (FPÖ), which is Eurosceptic, anti-immigration and anti-Islam, could become a member of a new ruling coalition.

While this would not have the market impact a far-right victory in France would have had, it would certainly bring the subject of populism back into focus after the votes for Donald Trump and Brexit, and would again raise the specter of a Euro-Zone breakup.

The FPÖ led the opinion polls for more than a year before the conservative People’s Party (ÖVP) elected 30-year-old Foreign Minister Sebastian Kurz as its new leader on Sunday, putting it ahead of the FPÖ. Kurz has been likened to France’s Emmanuel Macron and has revitalized his party. However, no party is likely to win outright, and the FPÖ could well become part of a new government.

An EU referendum – like the UK’s – would unlikely be held immediately, but strong pre-election polling by the FPÖ would clearly be a risk for the Euro and help curb the recent strength of EUR/USD on Trump’s mounting problems.

Chart: EUR/USD Daily Timeframe (2017 to Date)

Brexit Briefing: Austria Brings Populism Back Into Focus

Chart by IG

--- Written by Martin Essex, Analyst and Editor

To contact Martin, email him at

Follow Martin on Twitter @MartinSEssex

If you’re looking for trading ideas, check out our Trading Guides; they’re free and updated for the second quarter of 2017

If you’re looking for ideas more short-term in nature, check out the IG Client Sentiment Data

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