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.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
More View more
Real Time News
  • US Dollar Outlook: DXY Index Hammered as Treasury Yields Ebb -via @DailyFX Link to Full Analysis: $USD $DXY #Trading
  • AUD/USD attempts to retrace the decline following the update to the US Consumer Price Index (CPI) as it bounces back from the 50-Day SMA (0.7715). Get your $AUDUSD market update from @DavidJSong here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 87.64%, while traders in EUR/USD are at opposite extremes with 70.33%. See the summary chart below and full details and charts on DailyFX:
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Silver: 0.06% Gold: -0.03% Oil - US Crude: -1.48% View the performance of all markets via
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.54% 🇪🇺EUR: 0.45% 🇳🇿NZD: 0.41% 🇯🇵JPY: 0.23% 🇦🇺AUD: 0.22% 🇨🇦CAD: -0.05% View the performance of all markets via
  • Some really great insight and compelling chart setups below. Strongly encourage taking the time to read through my colleague @JStanleyFX's latest take on #StockMarket cycles.
  • Tesla, ARKK, Nasdaq 100 and S&P 500: Varying Stages of the Cycle $TSLA $ARKK $NDX $SPX In order from strongest to weakest: 1) SPX 2) NDX 3) TSLA 4) ARK the leaders have become the laggards...
  • Please join @JStanleyFX at 13:00 EST/17:00 GMT for a webinar on trading price action. Register here:
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: FTSE 100: -0.13% US 500: -0.15% Germany 30: -0.17% Wall Street: -0.23% France 40: -0.25% View the performance of all markets via
  • $GBPUSD retesting that Feb 24 swing high is one thing, but to put it into context, that is just off the confluence 2018 double top and midpoint of the 2014-Present range at ~1.4300
Bank Research Consensus Weekly 07.02.12

Bank Research Consensus Weekly 07.02.12

David Song, Strategist
Bank_Research_Consensus_Weekly_07.02.12_body_BankResearch.png, Bank Research Consensus Weekly 07.02.12

Banks/Economics: The State of Dis-Union: Balkanisation & Banking Union

Huw Van Steenis, Arnaud M Mares, Alice Timperley, Morgan Stanley

We're concerned the balkanization of banking markets will act as a drag on lending, economic recovery and be a source of instability. We find the current EU proposals for Banking Union insufficiently federal to address this. Our scorecard assesses the proposals & investment implications.

Full Story

Market Response Says A Lot About Expectations

Lars Tranberg Rasmussen, Senior Analyst, Danske Bank

Judging from the price action this Friday morning, the EU Summit delivered more than what was priced into the markets. Expectations for the Summit were low, as these summits usually deliver little but big headlines and as Germany had signalled that it would not give in on risk sharing before the path of establishing centralised European controls over national fiscal policy is irreversible.

Full Story

Will the ECB and BoE Ease Further?

John E. Silvia, Chief Economist, Wells Fargo

On July 5, the European Central Bank (ECB) holds a regularly scheduled policy meeting; there is speculation that the Governing Council could cut rates. Although the decision is likely to be finely balanced, we look for the ECB to reduce its main policy rate from 1.00 percent to an all-time low of 0.75 percent. Recent monthly data suggest the rate of economic contraction in the overall euro area has intensified in the second quarter, and fiscal consolidation and uncertainties related to the sovereign debt crisis likely will lead to weak economic activity for some time. Moreover, ECB President Draghi sounded unusually dovish in his news conference following the June 6 policy meeting.

Full Story

U.S. – European Leaders Show Some Grit

Alistair Bentley, Economist,TD Bank Financial Group

As we approach the first week of July, the major themes underpinning the global and domestic economy remain remarkably unchanged from last year. Europe continues to stumble from one crisis to the next, deleveraging is still holding back the pace of U.S. growth and the direction of future fiscal policy from Washington remains as clear as mud (see our latest Quarterly Economic Forecast for more details). This week showed a little glimmer of hope that next year may bring greener pastures.

Full Story

Compiled by David Song, Currency Analyst

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