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 01.09.12

Bank Research Consensus Weekly 01.09.12

David Song, Strategist
Bank_Research_Consensus_Weekly_01.09.12_body_ScreenShot061.png, Bank Research Consensus Weekly 01.09.12

Fed Thoughts for 2012: Into the Heart of Darkness

Vincent Reinhart, Morgan Stanley

Part of the challenge in making a call about Fed policy is that there are many moving parts. Fed officials can alter the size and composition of the balance sheet and the structure of administered rates (including those charged on discount loans and swap draw-downs and the one paid on excess reserves), as well as the way they communicate decisions. Our call is that the Fed will pull a few of those levers in 1H12.

Full Story

FX: Euro Sell-Off Continues

Sverre Holbek, Senior Analyst, Danske Bank

The euro was the big loser among the major currencies in a week dominated by continued concern about the debt crisis, Hungary and geopolitical tensions in the Middle East. It weakened against both the US dollar and the yen, as well as against the commodity currencies (NZD and AUD), which have been buoyed by higher oil prices. However, these currencies could be vulnerable if the situation in Iran, which has helped push up oil prices, seriously begins to impact on market sentiment.

Full Story

Will the ECB Ease Again?

John E. Silvia, Chief Economist, Wells Fargo

After hiking its main policy rate by 50 bps between April and July, the European Central Bank (ECB) has reversed course with an equal amount of rate cuts in the past two months. Will the ECB cut rates again at its next policy meeting on Thursday? Although we would not be totally surprised by another rate cut on Thursday, we believe the ECB will remain on hold next week. That said, we look for further ECB easing in the months ahead.

Full Story

United States – Happy New Year…No More

Martin Schwerdtfeger, Senior Economist,TD Bank Financial Group

Data released this week showed the U.S. economy gained some traction towards the end of last year. Both ISM manufacturing and non-manufacturing surveys signaled some acceleration in the rate of economic expansion during December. Automotive sales also maintained momentum last month, bringing total 2011 annual sales to 12.74 million units – 22% higher than 2009’s trough.

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