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Real Time News
  • WTI trades back below $75 as risk assets broadly decline $CL_F $CL $WTI #OOTT https://t.co/OFWw5VmOfY
  • Gold Price Forecast: Gold Falls as Rates Rise, XAU/USD Nearing Support https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/09/28/Gold-Price-Forecast-Gold-Falls-as-Rates-Rise-XAU-USD-XAUUSD-Nearing-Support.html https://t.co/CrvPYlwWVY
  • The latest US Conference Board consumer confidence fell to the lowest level since February, the headline reading dropping to 109.3, below expectations for 114.5. Get your $USD market update from @JMcQueenFX here:https://t.co/O7xdGsydyF https://t.co/QIi7gEZw0j
  • $SPX Daily . . Know the Levels. . . #SPX https://t.co/2PnAi4pkXx https://t.co/vGo9nPuBfQ
  • ...that said, I like volatility; so by all means, bring in a person that gets these markets rocking and rolling again
  • Saying Powell is a dangerous man is disingenuous. The Fed has done very well with its dual mandate and their efforts to steady the markets for Main and Wall Street has further fed the financial bubbles we continue to blow. $VIX https://t.co/7ZM2V5ycrz
  • Fed's Powell: The Fed will not be able to shield financial markets and the economy from the fallout of a US default $USD $ES_F $SPX
  • ...also worth noting, this is the Cable's biggest dive (-1.15% at present) since Sep 10, 2020
  • While EURUSD is still holding the floor on its nearly year-long range, $GBPUSD looks like it is making a play for its head-and-shoulders 'neckline' break with this 1.3600 break https://t.co/Sp8YvWxSk4
  • With the charge in Treasury yields after the debt ceiling warning today, I'm going to move the likes of $TLT (the iShares 20+ year Treasury ETF) closer to the top of my watch list. Let's see where volume ends up today https://t.co/IbsDvIUTgr
Meet the Major Currencies: What Every Trader Needs to Know

Meet the Major Currencies: What Every Trader Needs to Know

Dimitri Zabelin, Analyst

US Dollar (USD)

The US Dollar (USD) is the official currency of the United States. It was established after Congress passed the Mint Act on April 2, 1792...

Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, a monetary union with 19 out of the 28 member states of the European Union (EU). It was established in 1999 with the intention of creating a single economic block that shared a common currency among all of its members...

British Pound (GBP)

The Pound Sterling, abbreviated as GBP for “Great British Pound”, is the official currency of the United Kingdom. It is the world’s oldest currency that is still in use...

Japanese Yen (JPY)

The Yen (JPY), meaning “round object”, is the official currency of Japan. It was established by the Meji government in 1871 as part of the state’s modernization program...

Australian Dollar (AUD)

The Australian Dollar is the official currency of Australia and all of its territories. It is also sometimes informally referred to as the “Aussie”...

New Zealand Dollar (NZD)

The New Zealand Dollar (NZD) is the official currency of New Zealand and all of its territories. It is sometimes informally referred to as the “Kiwi”, a reference to an indigenous bird...

Canadian Dollar (CAD)

The Canadian Dollar is the official currency of Canada. It is also sometimes informally referred to by traders as the “Loonie”...

Swiss Franc (CHF)

The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein. It is also sometimes informally referred to as the “Swissie” by traders...

--- Written by Dimitri Zabelin, Jr Currency Analyst for DailyFX.com

To contact Dimitri, use the comments section below or @ZabelinDimitri on Twitter

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