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
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
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
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
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • 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: https://t.co/BdgFmkRxVw https://t.co/FqAsp91Gia
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here: https://t.co/7t4BzmLg8w https://t.co/cKOUmtj7Dj
  • 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: https://t.co/Yl9vM7kO6a https://t.co/TnL91f7sl7
  • Human error in the forex market is common and often leads to familiar trading mistakes. These trading mistakes crop up particularly with novice traders on a regular basis. Learn about the top ten trading mistakes and how you can avoid them here: https://t.co/i8E2AXtzF3 https://t.co/cDcjl3Ue09
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here: https://t.co/yOEvLjKnct https://t.co/KWOX5wSipe
  • What is your forex trading style? Take the quiz and find out: https://t.co/YY3ePTpzSI https://t.co/cwSWCpKtaj
  • Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. Learn about the shooting star candlestick and how to trade it here: https://t.co/mfwJ0sZLTs https://t.co/zu5hMovbz6
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here: https://t.co/QszmdZFxlk https://t.co/QMKyTBOKNG
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here: https://t.co/4jsORznRTE https://t.co/aRkGoNvj6D
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9Flsqcxo9 https://t.co/ltVTNO2sjT
Bank Research Consensus Weekly 01.03.12

Bank Research Consensus Weekly 01.03.12

David Song, Strategist
Bank_Research_Consensus_Weekly_01.03.12_body_BankResearch.png, Bank Research Consensus Weekly 01.03.12

U.K. 2012 Outlook: A Difficult Year, 'Recession-Like' in 1H

Jonathan Ashworth, Morgan Stanley

We believe that the economy will for all intents and purposes be in recession in 1H and could easily meet the technical definition of two consecutive quarters of negative growth. Consumers will be buffeted by rising unemployment and tightening credit conditions, although sharply falling inflation will provide some offset, in our view. Business investment is likely to be subdued while uncertainty prevails and the government sector will remain a drag. Net exports will provide some support, as weak domestic demand depresses imports.

Full Story

EUR Shorts at Extreme Levels

Sverre Holbek, Senior Analyst, Danske Bank

EUR shorts at extreme levels: EUR net shorts have reached record levels, at -127,900 (net contracts) and more than 46% of open interest. The latter corresponds to a deviation from the mean of more than 4 sigmas, indicating very crowded positioning. Hence, while we have pencilled in further EUR weakness in our latest FX forecasts (FX Forecast Update: Moving closer to a bottom in EUR/USD, 20 December 2011), stretched positioning may limit the downside in EUR/USD.

Full Story

Europe: Renaissance or More Dark Ages?

John E. Silvia, Chief Economist, Wells Fargo

The greatest risk to our 2012 economic outlook relates to the ongoing European sovereign debt crisis. We continue to believe that the Eurozone will avert a full-blown financial crisis and endure only a mild recession, which would have only minor ramifications for U.S. economic growth next year. However, the risk of a full-blown financial crisis in Europe is certainly not insignificant, especially considering that debt dynamics within Europe’s larger economies—notably, Spain and Italy—have deteriorated noticeably since the summer months.

Full Story

Outlook 2012: More Naughty Than Nice

Craig Alexander and Leslie Preston,TD Bank Financial Group

The European fiscal crisis is far from over. It is taking the harsh discipline of financial markets to push Europe towards some form of fiscal union necessary to prevent another Greece. However, it entails 17 democratic member states relinquishing some of their sovereignty, which makes for a protracted and messy process. The primary challenge is that Greece will eventually have to default, and European leaders will have to limit contagion from this event and will have to recapitalize their banks. We assume that Europe will avoid triggering a systemic banking crisis, and an ensuing 2008-style financial meltdown. But, this is the number one risk to the outlook.

Full Story

Compiled by David Song, Currency Analyst

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

DISCLOSURES