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
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
Wall Street
Bearish
Gold
Mixed
GBP/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
USD/JPY
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
More View more
Real Time News
  • The Dow Jones, Nasdaq 100 and S&P 500 await much needed insight from the Federal Reserve on the central bank’s planned policy path given recent economic data releases. Get your market update from @PeterHanksFX here:https://t.co/bZso3WxyC6 https://t.co/d4YJ8jbGok
  • GBP/USD Eyes Trend Support as US Dollar Awaits Fed Dot Plot -via @DailyFX Link to Analysis: https://www.dailyfx.com/forex/market_alert/2021/06/14/gbp-usd-eyes-trend-support-as-us-dollar-awaits-fed-dot-plot.html $GBPUSD #Forex #Trading https://t.co/1BkZ4x0uCG
  • Are gold prices the ‘canary in the coal mine’ for the Federal Reserve meeting? Taper talk may indeed be on the menu (even if it won’t formally arrive until later this year). Get your $XAUUSD market update from @CVecchioFX here:https://t.co/gsoRisZzV6 https://t.co/cjqt0SvWIx
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.17% 🇦🇺AUD: 0.10% 🇪🇺EUR: 0.09% 🇬🇧GBP: -0.05% 🇨🇭CHF: -0.19% 🇯🇵JPY: -0.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Yx2O1n8Yxc
  • The 35-day historical range on $AUDJPY matches the smallest range (as a percentage of spot) on record for the pair with the extreme summer lull back in July 2014. Will it end with a bang or whimper? https://t.co/StryktBbrr
  • ECB monthly purchases under PEPP appear to be slowing. PEPP purchases for the first two weeks of June only totaled about 31 bln euros $EUR https://t.co/RUAi61HTQJ
  • The EUR/USD rally has stalled at a key resistance confluence around the objective yearly open. Get your $EURUSD market update from @MBForex here:https://t.co/YdjKTU4gtW https://t.co/HmOJxy2F29
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.33% Silver: -0.24% Gold: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/kRDUQxM66L
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Gold are long at 74.60%, while traders in France 40 are at opposite extremes with 78.10%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/gwcS9vcLhL
  • S&P 500, Nasdaq 100 close at fresh record highs $NDX $SPX $ES_F
Bank Research Consensus Weekly 03.12.12

Bank Research Consensus Weekly 03.12.12

David Song, Strategist
Bank_Research_Consensus_Weekly_03.12.12_body_BankResearch.png, Bank Research Consensus Weekly 03.12.12

Better Data, but Too Early for Policy-Maker Cheer

Jonathan Ashworth & Melanie Baker, Morgan Stanley

The May MPC decision will be a very close call, in our view: We have heard more hawkish noises from the MPC in the last few weeks. Recent data support the view that there are solid upside risks to our 1Q forecast of flat growth, and rising oil prices increase the likelihood that inflation will fall more slowly than expected. However, with higher mortgage rates, the BoE perceiving ample spare capacity and with growth likely to be very soft in 2Q, we still suspect that the MPC will opt for further asset purchases. Meanwhile, despite the more upbeat incoming data, we don't expect the OBR to make any material changes to its forecasts for the Budget on March 21. We expect policy changes in the Budget to be fiscally neutral.

Full Story

FX: Quality Justifies SEK Strength

Stefan Mellin, Senior Analyst, Danske Bank

We have always seen that the SEK is a pro-cyclical currency that cushions the negative impact on exports, GDP and employment when global demand abates, and vice versa. So the mere fact that the krona has appreciated – rather than depreciated – at a time when the cyclical outlook in Sweden and abroad has clearly deteriorated is at odds with normality. A simple correlation with any global business cycle proxy suggests EUR/SEK should not trade below but above 9.00. So why isn’t this happening, and what’s different this time?

Full Story

Three Paths to Normalcy

John E. Silvia, Chief Economist, Wells Fargo

Widespread concern persists in the bond market that current benchmark Treasury rates are arbitrarily low given the aims of U.S. monetary policy, the flight to safety trade due to the European sovereign debt situation and cautious expectations on economic growth. Evidence of this arbitrary rate assessment is the persistent situation where the five-year nominal Treasury yield remains below the level of inflation expectations for the same next five years. Negative real yields, even before taxes, do not appear to be a long-term stable situation and the expectation is that interest rates will rise. The questions before the house are—how much and when?

Full Story

United States – Market Volatility is Down, But for How Long?

Alistair Bentley, Economist,TD Bank Financial Group

This was arguably the most turbulent week in financial markets so far this year. On Tuesday, the S&P 500 declined 1.5% as asset managers worried about the prospects of slowing global growth. Investors, however, quickly turned their attention to the more uplifting news of a successful debt swap agreement in Greece and a strong February U.S. jobs report. As of 12pm on Friday, the S&P500 was poised to end the week up 0.3%.

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