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
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
  • 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:
  • US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the potential for volatility is heightened. Get your stock market forecast from @PeterHanksFX here:
  • 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:
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here:
  • The US Dollar Index traded higher last week, sustaining its broader uptrend. Conflicting technical signals urge caution, but the directional bias remains skewed to the upside. Get your weekly USD technical forecast from @FxWestwater here:
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
  • The Australian Dollar still remains vulnerable as it extends losses against its major counterparts. What is the road ahead for AUD/USD, AUD/JPY, AUD/NZD and AUD/CAD? Get your AUD technical forecast from @ddubrovskyFX here:
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Learn about the importance of the ISM manufacturing index here:
  • Take a closer look visually at the most influential global importers and exporters here:
  • EUR/USD tumbled last week on the day of the ECB’s latest policy announcement, and that weakness is set to continue this week as a flood of major Eurozone economic statistics is released. Get your weekly Euro forecast from @MartinSEssex here:
Brexit Amendment Votes Spook GBP Traders, AUD/USD Eyes CPI Data

Brexit Amendment Votes Spook GBP Traders, AUD/USD Eyes CPI Data

Daniel Dubrovsky, Strategist

Asia Pacific Market Open Talking Points

  • British Pound tumbles as series of Brexit amendment votes spook investors
  • Australian Dollar follow-through on CPI report may have to wait until RBA
  • APAC shares may trade mixed, Nikkei 225 overshadowed by reversal pattern

See our study on the history of trade wars to learn how it might influence financial markets!

The British Pound was the worst performing major on Tuesday as a series of Brexit amendment votes spooked traders. The UK Parliament voted to reject Amendment B. In short, this would have sought to delay Brexit should Prime Minister Theresa May fail to secure a deal towards the end of next month.

What did pass was Amendment N, proposed by Graham Brady. This seeks to replace the controversial "Irish backstop" with “alternative arrangements to avoid a hard border” between the Republic of Ireland (an EU member state) and Northern Ireland (a part of the UK). However, moments after the vote, an EU spokesman said that the agreed-upon Brexit deal was not open to renegotiation. Later on, this was reiterated by French President Emmanuel Macron.

Given these complications, markets seemed to have interpreted the day's events as increasing the odds of the UK exiting the European Union without a deal. Not surprisingly, the US Dollar rose with declines in Sterling but only ended the day cautiously higher. In fact, apart from the British Pound, the major currencies were rather mixed against the backdrop of another volatile day in stock markets.

The S&P 500 closed 0.15% lower while the Dow Jones Industrial Average ended the day 0.21% higher despite bearish reversal warning signs. Markets may be struggling to choose a direction given the remaining event risk this week. This ranges from US-China trade negotiations to the Fed rate decision and prominent local economic data. Speaking of, US consumer confidence sunk to its lowest since July 2017 today.

Looking to Wednesday’s Asia Pacific trading session, the Australian Dollar may look past domestic inflation data for more prominent fundamental themes this week. While it may inspire near-term volatility, lasting follow-through would probably have to wait until the RBA gives a monetary policy update next week. Meanwhile, the Nikkei 225 is also at risk to a bearish reversal pattern.

US Trading Session

Brexit Amendment Votes Spook GBP Traders, AUD/USD Eyes CPI Data

Asia Pacific Trading Session

Brexit Amendment Votes Spook GBP Traders, AUD/USD Eyes CPI Data

** All times listed in GMT. See the full economic calendar here

FX Trading Resources

--- Written by Daniel Dubrovsky, Junior Currency Analyst for

To contact Daniel, use the comments section below or @ddubrovskyFX on Twitter

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