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
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
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
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
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Why is JPY called a safe haven? What are some factors in its favor this quarter? Get your free forecast here: https://t.co/mzeJ5x73N3 #DailyFXGuides https://t.co/S4bwgGZxmw
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here: https://t.co/9S5tXIs3SX https://t.co/T3W8CIg5iy
  • Forex sentiment analysis can be a useful tool to help traders understand and act on price behavior. Learn how to get the most out of understanding trader sentiment here: https://t.co/rJznrXkcYz https://t.co/FPgZ5gkgrM
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here: https://t.co/8A1QhwMVKo https://t.co/E0KhcKHrOf
  • For some reason an old story has popped up - many apologies.... https://t.co/jHjQxyFRXM
  • The US dollar is unloved, oversold and at lows last seen over 30-months ago. At the moment there seems to be very little reason to buy the greenback. Get your $USD market update from @nickcawley1 here:https://t.co/VY3SLs35cp https://t.co/w5ljByv9cf
  • Trading Forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. Learn about these principles in depth here: https://t.co/lZFM8youtX https://t.co/CpqePQYF4E
  • 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/Rg2YGZCUCr
  • The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It is also referred to as the monthly market mover. Find out why it has been given this nickname here: https://t.co/yOUVEEqhc5 https://t.co/ftrbRkFiJF
  • 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/Hny2HMYo4I
Bank Research Consensus Weekly 04.16.12

Bank Research Consensus Weekly 04.16.12

2012-04-16 18:35:00
David Song, Strategist
Bank_Research_Consensus_Weekly_04.16.12_body_BankResearch.png, Bank Research Consensus Weekly 04.16.12

How Big Is the Fiscal Cliff in 2013?

David Greenlaw, Chief U.S. Fixed Income Economist, Morgan Stanley

Under current law, the US economy will experience a fiscal tightening of unprecedented magnitude at the end of this year. The main drivers include the scheduled expiration of the Bush era tax cuts, expiration of the 2010-11 payroll tax cut, expiration of emergency unemployment benefits, a budget sequester tied to the outcome of the failed Super Committee deliberations, other reductions in non-defense discretionary spending attributable to previously enacted budget appropriations legislation, defense spending reductions tied to a scaling back of activities in Iraq/Afghanistan, and the imposition of some new taxes on individuals imposed by the Affordable Care Act that was passed in 2010. While the Bush era tax cuts seem to get most of the attention, there are many changes that lie ahead under current law.

Full Story

Spain and Main in Pain

Thomas Hovard, Chief Analyst, Danske Bank

Risk aversion has been increasing throughout the last couple of weeks driven not so much by any significant events, more by the sum of all parts (fewer positive economic surprises, LTRO headlines disappearing and southern Europe jitters among others). Well, one significant driver though is Spain, where 10Y govie rates are approaching 6% again compared with around 5% at the beginning of March. SMP (the govie debt buyback programme at the ECB) could come back into play as indicated by ECB board member Benoit Coeure to ease pressure on both Spain and Italy.

Full Story

Low Rates are Hanging Around

John E. Silvia, Chief Economist, Wells Fargo

The Treasury market continues to take its cues from a domestic economy, which no longer seems to be ramping up as quickly as it was a few weeks earlier and the European Financial Crisis, which is still very much with us. News on inflation this week was largely as expected. While the inflation numbers continue to run a little ahead of the Fed’s comfort zone, price increases are not particularly widespread and the headline CPI is still decelerating on a year-to-year basis.

Full Story

Canada – Interest Rate Decisions To Grab More Attention

Chris Jones, Economist,TD Bank Financial Group

Given the weekly events, it appears that business psyches and confidence levels here in Canada are no longer stuck in neutral. Last Thursday, the economy churned out 82,300 net new jobs, the seventh largest monthly tally posted in forty six years. The data release was positive all round, with strength noted across sectors, industries and in most provinces. In two survey releases, the Bank of Canada (BoC) detailed that firms are more upbeat about their sales’ prospects, have more access to credit, and are experiencing fewer capacity constraints than just four months ago. The good news did not end there – housing starts in March clocked in their fastest annualized pace since the onset of the recession. Low interest rates and unseasonably warm weather were the driving forces behind the robust homebuilding performance. However, we would be remiss if we said that all data releases this week were positive in nature – Canada’s international trade surplus narrowed to $292 million in February, much lower than the $1.9 billion figure posted the month prior.

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