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
Wall Street
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 ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Find out about the recent history of ISM data, how to track it, and how to trade its release here:
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • Do you know the difference between investing and trading? Because while the goal might seem the same, they're very different things . Learn more here.
  • The Canadian Dollar remains supported amid elevated crude oil prices. Don’t be surprised if the Bank of Canada disappoints aggressive hawkish expectations. Earnings season is a wildcard. Get your weekly Loonie forecast from @ddubrovskyFX here:
  • Rather than focusing on earning a specific number of pips per day, traders need to focus on what can be controlled. In trading terms this relates to following a strategy perfectly, with no emotion or hesitation. Learn more here:
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here:
  • The Spinning Top candlestick pattern forms part of the vast Japanese candlestick repertoire with its own distinct features. Gain a better understanding of the spinning top candlestick here:
  • The European Central Bank will consider it a job well done if there is no movement in EUR/USD or the Euro crosses before, during or after Thursday’s policy announcements by its Governing Council. Get your weekly Euro forecast from @MartinSEssex here:
  • Further your forex knowledge and gain insights from our expert analysts @ddubrovskyFX and @FxWestwater on JPY with our free Q4 market analysis guide, available for free today.
  • Becoming a forex trader means living and breathing the excitement, risk and reward of trading in the biggest and most liquid market in the world. Do you have what it takes? Read here to discover the qualities and processes it takes to build consistency:
AUD/USD at a Turning Point Ahead of China CPI. APAC Stocks at Risk?

AUD/USD at a Turning Point Ahead of China CPI. APAC Stocks at Risk?

Dimitri Zabelin, Analyst

Australian Dollar, China CPI, AUD/USD Outlook – TALKING POINTS

The Nasdaq index briefly touched above an all-time high at 10,000 but ended the day less than 0.30 percent higher; its equity peers were not so lucky. The S&P 500 and Dow Jones closed 1.09 and -0.78 percent lower, respectively. The cycle-sensitive Australian and New Zealand Dollars were in pain along with the petroleum-linked Norwegian Krone while the anti-risk Japanese Yen and Swiss Franc prospered.

Gold prices ticked slightly higher, but silver and palladium both closed over one percent lower. The risk-off tilt may have been due in part to fading bullish sentiment alongside a worse-than-expected JOLTS job opening data. The figures came in at 5046, falling short of the 5750 forecast as the previous reading was revised down to 6011 from 6191.

Wednesday’s Asia-Pacific Trading Session

Wall Street’s sneeze may mean Asia-Pacific stock markets will catch a cold, and growth-oriented currencies like AUD and NZD may be at risk to declining as well. Their emerging market peers may descend with them, though the South Korean Won’s strong performance in the prior session may act as a cushion for potentially bearish sentiment in Asia.

Australian Westpac consumer confidence data for June will be published which could further undermine AUD. This comes at an especially politically-fragile time when Australia and its largest trading partner – China – are showing greater intra-regional friction. The Asian giant will be released its CPI report for June with expectations of a 2.7 percent increase for price growth. A disappointing figure could hurt the Aussie.

Discover your trading personality to help find optimal forms of analyzing financial markets

AUD/USD Forecast

AUD/USD may be at a critical turning point. The pair recently crossed the 0.6911 threshold, though its failure to clear 0.7018 – which also marks the early-January swing-high – could be the early signs of a pullback. The clean rejection at resistance may inspire a wave of sellers to enter the market and capitalize on what may be a broader decline.

AUD/USD – Daily Chart

Chart showing AUD/USD

AUD/USD chart created using TradingView

--- Written by Dimitri Zabelin, Currency Analyst for

To contact Dimitri, use the comments section below or @ZabelinDimitriTwitter

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