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
EUR/USD
Bullish
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
Oil - US Crude
Bullish
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
Bullish
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
GBP/USD
Bullish
USD/JPY
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
More View more
Real Time News
  • The New Zealand Dollar appears poised to extend its climb against its haven-associated counterparts as long-term trend break hints at cyclical upturn. Get your $NZDUSD market update from @DanielGMoss here: https://t.co/CPxP1Q8B6d https://t.co/NBJ9qkaNei
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.17% 🇳🇿NZD: 0.07% 🇪🇺EUR: -0.06% 🇨🇦CAD: -0.30% 🇨🇭CHF: -0.33% 🇬🇧GBP: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/lYbgFKQKmu
  • USD/MXN is in danger of picking up more momentum as the recent decline takes out support levels and gains ‘negative curvature’ to its path. Get your $USDMXN technical analysis from @PaulRobinsonFX here: https://t.co/eQzD6JyA5c https://t.co/km6neTN3M6
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Gold: 0.33% Oil - US Crude: -0.55% Silver: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/0yp0FnGl8y
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.22%, while traders in NZD/USD are at opposite extremes with 71.43%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/fu1Xj6AuYv
  • US Equity Update (Friday Close): $DJI -0.88% $SPX -1.12% $NDX -1.30% $RUT -0.38% $VIX -2.00%
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: -0.01% Wall Street: -0.01% Germany 30: -0.31% France 40: -0.39% FTSE 100: -0.40% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TUiymobDKl
  • Precious Metals Update: #Gold 1950.04 (+0.29%), #Aluminum 1781.00 (-0.81%), and #Copper 6780.50 (+0.05%) [delayed]
  • RT @SadiqKhan: IMPORTANT: The PM has said that we are now seeing the start of a second wave of COVID-19 across the UK. Londoners should k…
  • The US Dollar has responded to long-term technical support but keeps the index within the confines of the September opening-range. Get your $USD technical analysis from @MBForex here: https://t.co/3etE4I4kEi https://t.co/dxgpYd9FLH
Graphic Rewind: US Dollar Rallies Amid Quiet Market Conditions

Graphic Rewind: US Dollar Rallies Amid Quiet Market Conditions

2012-08-18 02:26:00
Adrian Robles,
Share:
Grapahic_Rewind_US_Dollar_Rallies_Amid_Quiet_Market__Conditions__body_Picture_5.png, Graphic Rewind: US Dollar Rallies Amid Quiet Market Conditions

2 Hr USDollar GMT MarketScope Chart, Created by Adrian Robles

The Dow Jones FXCM US Dollar Index (Ticker:USDollar) rose roughly 75 points on extremely quiet market conditions. The USD began its climb this week on better than expect retail sales data, an indicator of a healthy consumer economy. Though it is important to keeping in mind that retail sales may have just rebounded off of the 0.7% drop seen in June. The next major move in the US Dollar came on the announcement that US inflation is at 1.4%, a 0.2% drop from last month. Typically lower inflation raises the value of a currency, but the downward move may have been the result of QE3 speculators looking for signs of deflation. The US Dollar Index corrected one last time during the week on negative US economic data, among which was higher than expected initial jobless claims. High initial jobless claims may point to higher unemployment, and add to the speculation of QE3. The USD rallied during the last 24 hour of trading, popping on better than expected consumer confidence data.

It is uncertain whether volatility will pick up next week and drive investors to seek a safe haven currency like the US Dollar, or if risk appetite will pick up and with it demand for riskier assets. In the week ahead of us, with regards to the US Dollar, traders will be watching for the release of the FOMC minutes on Wednesday, and the meeting between Greek Prime Minister Samaras and German Chancellor Merkel that is set to take place on Friday.

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

DISCLOSURES