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.

Free Trading Guides
EUR/USD
Bearish
Oil - US Crude
Mixed
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
Mixed
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
Mixed
USD/JPY
Mixed
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
  • 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/yF133btXFd https://t.co/Sjnr0iVgAf
  • Upside momentum stalls with the #DAX and #FTSE 100 vulnerable to testing lower levels as the economic backdrop deteriorates further. Get your #equities technical analysis from @JMcQueenFX here: https://t.co/BFIaXTfDcs https://t.co/q0Mso4zWlT
  • RT @iv_technicals: *TRUMP SAYS HE'D USE TARIFFS IF NEEDED TO PROTECT OIL INDUSTRY - BBG #OOTT #WTI $USO
  • After the pattern is composed with the closing of the signal candle, then you can look to the following candle to identify a clear bias and risk points. Learn how to apply this knowledge to a trading strategy here: https://t.co/uh3NwgHBVv https://t.co/yl4KUMNmUh
  • Asia’s vast and growing importance to the world economy is not yet matched by the presence of a currency trading center to rival the established order. Get your update on market drivers in Asia here: https://t.co/r3Ku0p9dw1 https://t.co/CU5vMilpLH
  • - Gold prices may suffer if FOMC minutes spark risk aversion, concerns about liquidity - #XAUUSD could face additional selling pressure if employment data sours sentiment - Ballooning credit risks from distressed corporate debt markets may cap gold’s gains https://www.dailyfx.com/forex/fundamental/forecast/weekly/chf/2020/04/04/Gold-Prices-May-Fall-on-FOMC-Minutes-Recession-Credit-Risks.html
  • The bear flag pattern is a popular price pattern used by technical traders within the financial markets to determine trend continuations. Learn how to spot a bear flag pattern here: https://t.co/zg8QzS3ytS https://t.co/A8fvEmmh0K
  • Have you joined @DailyFX @facebook group yet? Discuss your #forex strategies and brush up on your skills with us here: https://t.co/VsfbITIb6B https://t.co/qSLzCiGVxa
  • S&P 500 Sinks as Unemployment Spikes; VIX Index Drops? -via @DailyFX “#StockMarket recovery stymied by dismal jobs report. #Volatility down, but extreme fear lingers.” Latest Forecast: https://www.dailyfx.com/forex/market_alert/2020/04/04/spx-sp500-sinks-as-unemployment-spikes-vix-index-price-drops.html $SPY $SPX $ES_F #Stocks #Analysis #Trading https://t.co/qwfhehTnbt
  • RT @LiveSquawk: Oil set to 'crater' Monday as OPEC meeting delayed, tensions flare between Saudi Arabia and Russia https://t.co/emRrx7PgpR
Bank Research Consensus Weekly 09.17.12

Bank Research Consensus Weekly 09.17.12

2012-09-17 13:25:00
David Song, Strategist
Share:
Bank_Research_Consensus_Weekly_09.17.12_body_BankResearch.png, Bank Research Consensus Weekly 09.17.12

FX: Fed Easing to Hurt the Dollar

Arne Lohmann Rasmussen, Chief Analyst, Danske Bank

In an aggressive easing step, the Fed this week promised to expand its balance sheet continuously until the labour market shows substantial improvement and committed itself to keep the Fed funds rate at exceptionally low levels until at least mid-2015. In our view, the Fed is taking a big step towards an Evans-style rule and the statement marks an important shift in Fed communication.

Full Story

Fed Reaffirms Low Interest Rates

John E. Silvia, Chief Economist, Wells Fargo

This week, the Federal Open Market Committee extended its interest rate guidance for continued low federal funds rates to mid-2015 from late 2014 and also announced an open-ended $40 billion per month mortgage-backed securities bondbuying program, while maintaining “Operation Twist” and the reinvestment of paydowns into agency MBS. These actions were expected, and therefore, we are maintaining our interest rate outlook for a steady, low level of the fed funds and Treasury bill rates. Our 10-year Treasury outlook remains at 1.5 percent to 1.9 percent through the end of 2013.

Full Story

U.S. – Bernanke Delivers the Gift That Keeps On Giving

James Marple, Senior Economist, TD Bank Financial Group

There is really only one thing to talk about this week and that is the Federal Reserve. For several weeks, investors and economists have been waiting to see whether the Fed would announce additional monetary easing. The Fed did not disappoint and this week announced several bold new measures aimed at boosting economic growth and supporting employment.

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

News & Analysis at your fingertips.