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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
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
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
Gold
Bullish
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
Bearish
USD/JPY
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
More View more
Notice

BoE Chief Econimist (Hawk) is to Step Down From BoE After June Meeting

Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.94%, while traders in Germany 30 are at opposite extremes with 75.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/YYVWK1VfnY
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 2.28% Oil - US Crude: 0.88% Gold: 0.80% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/IGiOgYkbD6
  • White House: J&J vaccine pause will not have a significant impact on US vaccination plans.
  • $EURUSD at session highs having broken through last week's peak - Resistance ahead 1.1950 and 1.1990 https://t.co/GZt61d8bez
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: France 40: 0.11% Germany 30: 0.09% US 500: -0.04% FTSE 100: -0.20% Wall Street: -0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/LWPqo8wqu6
  • J&J to proactively delay rollout of vaccine in Europe. $EUR
  • BoE Chief Economist Andrew Haldane To Step Down From The MPC After The June Meeting $GBP
  • #Bitcoin rose to a fresh all time high this morning around the 63,000 level, breaking above the previous high set around 62,000 in mid March. $BTC https://t.co/sj1fjZb1iw
  • US 10yr Treasury yields and the US Dollar have both headed lower in the immediate aftermath of the CPI print. The $DXY dropped from 92.26 to around the 92.10 level and 10yr yields stepped back from above 1.68% to 1.66%. $USD https://t.co/RFiMWfNckX
  • 🇺🇸 Core Inflation Rate MoM (MAR) Actual: 0.3% Expected: 0.2% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-04-13
Yen May Rise Anew as Russian Trade Data Weighs on Risk Appetite

Yen May Rise Anew as Russian Trade Data Weighs on Risk Appetite

Ilya Spivak, Head Strategist, APAC

Talking Points:

  • Russian Trade Balance Data May Rekindle Risk Aversion into the Week-End
  • Yen Sold as Asian Stocks Rise on Upbeat US Data, NZ Dollar Corrects Lower
  • See Economic Releases Directly on Your Charts with the DailyFX News App

Emerging-market jitters may renew pressure on risky assets in the final hours of the trading week. Russian Trade Balance figures are expected to show the smallest surplus in over two years at $11.6 billion. The announcement threatens to shine the spotlight on an increasingly precarious situation that looks dangerously likely to result in either an acute budget crisis or the introduction of capital controls.

Needless to say, neither alternative bodes well for sentiment. With that in mind, a data set that fuels fears of Russia-driven market dislocation may renew the push to liquidate risk-geared positions set off earlier in the week. That is likely to yield another leg upward in the Japanese Yen and weigh on higher-yielding currencies such as the Australian Dollar.

Currency markets were little-changed in overnight trade, with most of the majors mired in consolidation mode. The Yen narrowly underperformed as stocks advanced, sapping haven demand. The MSCI Asia Pacific regional benchmark equity index added 0.7 percent following upbeat US Retail Sales data published earlier in the day. The US is a leading export market for Asian firms and a pickup in retail activity may have been interpreted as supportive of cross-border demand prospects. The New Zealand Dollar also declined as prices continued to digest the rally after the RBNZ policy announcement.

New to FX? START HERE!

Asia Session

GMT

CCY

EVENT

ACT

EXP

PREV

21:30

NZD

BusinessNZ Perf of Mfg Index

55.2

-

58.9

0:00

NZD

ANZ Consumer Confidence Index (DEC)

126.5

-

121.8

0:00

NZD

ANZ Consumer Confidence (MoM) (DEC)

3.9%

-

-1.3%

0:30

AUD

Credit Card Balances (A$) (OCT)

49.6B

-

49.4B

0:30

AUD

Credit Card Purchases (A$) (OCT)

24.4B

-

23.9B

2:00

NZD

Non Resident Bond Holdings (NOV)

66.5%

-

64.8%

4:30

JPY

Industrial Production (MoM) (OCT F)

0.4%

-

0.2%

4:30

JPY

Industrial Production (YoY) (OCT F)

-0.8%

-

-1.0%

4:30

JPY

Capacity Utilization (MoM) (OCT)

0.7%

-

3.6%

5:30

CNY

Industrial Production (YoY) (NOV)

7.2%

7.5%

7.7%

5:30

CNY

Industrial Production YTD (YoY) (NOV)

8.3%

8.3%

8.4%

5:30

CNY

Retail Sales (YoY) (NOV)

11.7%

11.5%

11.5%

5:30

CNY

Retail Sales YTD (YoY) (NOV)

12.0%

12.0%

12.0%

5:30

CNY

Fixed Assets Ex Rural (YTD) (YoY) (NOV)

15.8%

15.8%

15.9%

European Session

GMT

CCY

EVENT

EXP

PREV

IMPACT

7:00

EUR

German Wholesale Price Index (YoY) (NOV)

-

-0.7%

Low

7:00

EUR

German Wholesale Price Index (MoM) (NOV)

-

-0.6%

Low

9:30

GBP

Construction Output s.a. (MoM) (NOV)

0.7%

1.8%

Low

9:30

GBP

Construction Output s.a. (YoY) (NOV)

1.3%

3.5%

Low

10:00

EUR

Eurozone Employment (QoQ) (3Q)

-

0.2%

Low

10:00

EUR

Eurozone Employment (YoY) (3Q)

-

0.4%

Low

10:00

EUR

Eurozone Industrial Production (MoM) (NOV)

0.2%

0.6%

Medium

10:00

EUR

Eurozone Industrial Production (YoY) (NOV)

0.7%

0.6%

Medium

10:00

EUR

Eurozone Employment (QoQ)

-

0.2%

Low

11:00

EUR

ECB Announces 3yr LTRO Repayment

-

-

Medium

Critical Levels

CCY

Supp 3

Supp 2

Supp 1

Pivot Point

Res 1

Res 2

Res 3

EURUSD

1.2175

1.2300

1.2356

1.2425

1.2481

1.2550

1.2675

GBPUSD

1.5504

1.5609

1.5671

1.5714

1.5776

1.5819

1.5924

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

To receive Ilya's analysis directly via email, please SIGN UP HERE

Contact and follow Ilya on Twitter: @IlyaSpivak

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

DISCLOSURES