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
More View more
Real Time News
  • Heads Up:🇺🇸 MBA Mortgage Applications (17/SEP) due at 11:00 GMT (15min)
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • 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:
  • Of note, worth being cautious on the authenticity of this report given the source
  • Sources close to the Chinese Government have told Asia Markets a deal that will see China Evergrande (3333 HK) restructured into three seperate entities is currently being finalised by the Chinese Communist Party and could be announced within days.
  • Shadow MPC as hawkish as ever - They have been calling for the BoE to end QE early since June - Often a big difference in what people think a central bank should do and will do
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • IFO lowers German 2021 GDP growth forecast to 2.5% from 3.3% - Raises 2022 forecast to 5.1% from 4.3%
  • 🇿🇦 Inflation Rate YoY (AUG) Actual: 4.9% Expected: 4.8% Previous: 4.6%
  • 🇹🇼 Unemployment Rate (AUG) Actual: 4.08% Previous: 4.36%
Italy Government Debt Rises to a Record High

Italy Government Debt Rises to a Record High

Benjamin Spier, Technical Strategist

European Session Update: Euro and Aussie fall against US Dollar, as a quiet European session turns trading attention to Fed…

Want to trade with proprietary strategies developed by FXCM? Find out how here.

A fairly quiet start to the week left Forex markets to trading on broader themes during the European session. The US Dollar is the biggest winner thus far in today’s trading, as attention may be turning back towards the worry over Fed tapering, as addressed in today’s Euro Open.

In Italy, General Government Debt rose to 2075.1 billion Euro in June from 2074.6 billion in May, which the Bank of Italy announced as a record high. In Greece, the gross domestic product (NSA) declined 4.6% annually from 2Q 2012, which was slightly better than expected.

The US Dollar strength led to a 70 pip decline in AUD/USD trading, after setting a two week high at 0.9221 earlier in the day. The monthly high at 0.9318 may now provide resistance, and support may come in by the key 0.9000 figure.

The Euro-zone GDP will be announced on Wednesday, and Euro traders will be watching if the economy did in fact expand in Q2, ending six straight quarters of recession.

New to Forex? Watch this video

AUDUSD Daily: August 12, 2013

Italy_Government_Debt_Rises_to_a_Record_High_body_audusd.png, Italy Government Debt Rises to a Record High

Chart created by Benjamin Spier using Marketscope 2.0

-- Written by Benjamin Spier, DailyFX Research. Feedback can be sent to .

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