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
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
Oil - US Crude
Mixed
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
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Gold: 0.34% Oil - US Crude: -0.27% Silver: -0.94% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/zvDaWrFDE9
  • ECB's Villeroy says insurer dividend policy is being watched closely - BBG
  • $USDCAD looks like it could hold steady to higher as long as it maintains 13920. Get your USD/CAD market update from @PaulRobinsonFX here: https://t.co/aBbeGA1Pcq https://t.co/GyvdjNdBVb
  • RT @johnauthers: The crisis is not easing for emerging markets. JPMorgan's EM FX index is at a new low since inception, down more than 12%…
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.45%, while traders in US 500 are at opposite extremes with 66.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/70Gx211KkT
  • RT @staunovo: Russia to join OPEC+ conference call planned for April 6: Novak #oott https://t.co/393P1fxKkM
  • RT @LiveSquawk: BoC Announces Activation Of The Contingent Term Repo Facility https://t.co/Mbie3gOqxJ
  • Bank of Canada activates contingent term repo facility starting April 6th $USDCAD
  • RT @BobOnMarkets: Morgan Stanley: We forecast the Case-Shiller US National Home Price Index to fall to -5.3% YoY by the end of this year
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Germany 30: -0.60% France 40: -0.65% Wall Street: -2.27% US 500: -2.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Aq59cnE206
AUD/USD, GBP/USD, and GBP/AUD Trades After CPI, Jobs Data

AUD/USD, GBP/USD, and GBP/AUD Trades After CPI, Jobs Data

2014-01-22 13:00:00
Christopher Vecchio, CFA, Senior Strategist
Share:

Talking Points:

- AUDUSD jumps on strong 4Q'13 CPI.

- GBPUSD benefits from impressive November and December labor data.

- GBPAUD stuck in range A$1.8500-1.8750.

To keep up with the European data and news as the week goes forward, be sure to sign up for my distribution list.

Price pressures are heating up in Australia and the UK labor market is surging, giving both the AUDUSD and GBPUSD a lift today. Both the AUDUSD and GBPUSD are at inflection points. This also opens up the door for a potential turning point in GBPAUD.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form

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

DISCLOSURES

News & Analysis at your fingertips.