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
Bearish
Wall Street
Bearish
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
Bullish
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.64% Gold: -0.04% Silver: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/tYoBjMaX1J
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.13% 🇪🇺EUR: 0.04% 🇯🇵JPY: 0.01% 🇬🇧GBP: -0.21% 🇨🇦CAD: -0.30% 🇦🇺AUD: -0.31% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/1bRmkh7wZ5
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: France 40: 0.46% Germany 30: 0.42% FTSE 100: 0.15% US 500: 0.02% Wall Street: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Q0tktc2KTg
  • Get our analysts’ view on the key fundamentals for Oil in Q2. Download now. https://t.co/bXrPHkaSCn https://t.co/vy6vjot301
  • Once again, $GBP approaching the recent range lows https://t.co/4DVUHR6pEn
  • Coming up in 20': my weekly sentiment webinar in which I look at the charts, the @IGcom client sentiment data, the confidence numbers on the calendar this week and much more. Do join me if you're free... https://t.co/BhGN9fw31Z
  • 💶 Balance of Trade (APR) Actual: €10.9B Previous: €15.8B https://www.dailyfx.com/economic-calendar#2021-06-15
  • Heads Up:💶 Balance of Trade (APR) due at 09:00 GMT (15min) Previous: €15.8B https://www.dailyfx.com/economic-calendar#2021-06-15
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here: https://t.co/CNtqrKWDBY https://t.co/JyxgSYYRzc
  • Please join @MartinSEssex at 5:30 EST/9:30 GMT for a webinar on trading sentiment. Register here: https://t.co/diCwqqa7eS https://t.co/LdEUF5aReq
AUD Forecast 1Q-2020: Australian Dollar Outlook Grim on Fed RBA Rates Path

AUD Forecast 1Q-2020: Australian Dollar Outlook Grim on Fed RBA Rates Path

Ilya Spivak, Head Strategist, APAC

The Australian Dollar steadied in the fourth quarter. The bellwether AUD/USD exchange rate settled into a choppy range after finding support at decade lows in early August as ebbing concerns about US-China trade war escalation and a disorderly Brexit improved market-wide risk appetite.

Hopes for détente between Washington and Beijing seemed to be particularly potent. China is Australia’s top export market so it seems hardly surprising that the Aussie cheered the prospect that growth there would be buoyed by the conflict’s resolution, offering positive knock-on effects along the supply chain.

As 2020 dawns, some optimism seems to have been justified. Presidents Donald Trump and Xi Jinping are set to sign a “phase one” trade deal that includes limited tariffs rollbacks, increased Chinese purchases of US agricultural products, and early drafts of new intellectual property protection and exchange rate management frameworks.

--- Written by Ilya Spivak, DailyFX Research

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

DISCLOSURES