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
EUR/USD
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
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
Bearish
GBP/USD
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
USD/JPY
Mixed
More View more
Real Time News
  • Update on #Cryptocurrencies #BITCOIN +0.27% #BITCOINCASH +0.49% #ETHEREUM +0.21% #RIPPLE +0.49% #LITECOIN +0.38%
  • The Nasdaq 100 just pulled back near an important area of big-picture support via the top of the decade-long channel it left behind back in July. Get your #Nasdaq technical analysis from @PaulRobinsonFX here:https://t.co/XhipuEMhyN https://t.co/BhSnsxU4IJ
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: -0.06% 🇯🇵JPY: -0.41% 🇪🇺EUR: -0.41% 🇨🇦CAD: -0.61% 🇳🇿NZD: -1.30% 🇦🇺AUD: -1.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/kCInf1EbdQ
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -1.05% Gold: -2.02% Silver: -6.45% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/YRqYY2B6Ui
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.16%, while traders in NZD/USD are at opposite extremes with 63.74%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/qnPrjK4cau
  • The USD/CAD breakout is now approaching near-term uptrend resistance and while the broader outlook remains constructive, the bulls may be vulnerable here. Get your $USDCAD technical analysis from @MBForex here: https://t.co/Bdr4y9lTJv https://t.co/kjg9w2JkLq
  • US Equities Update (Wednesday Close): $DJI -1.92% $SPX -2.37% $NDX -3.16% $RUT -3.04% $VIX +7.86%
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: -0.03% Wall Street: -0.03% Germany 30: -0.87% FTSE 100: -0.88% France 40: -0.89% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Je9EmV34kz
  • Looks like we got everyone's view on it: https://t.co/Y0zskurvsB
  • Commodities Update: NYM WTI Crude 39.83 (+0.08%), ICE Brent Crude 41.69 (-0.07%), NYM NYH Gasoline 117.81 (+1.19%). [delayed]
Currency Markets Brace for Impact Ahead of FOMC Meeting Outcome

Currency Markets Brace for Impact Ahead of FOMC Meeting Outcome

2016-09-20 04:46:00
Ilya Spivak, Head Strategist, APAC
Share:

Talking Points:

  • Aussie, NZ Dollars rise alongside S&P 500 futures in Asian trade
  • US Housing Starts, Building permits top otherwise quiet calendar
  • Consolidative tone likely to persist ahead of FOMC rate decision

The Australian and New Zealand Dollars narrowly outperformed in otherwise quiet overnight trade. The sentiment-linked currencies edged higher alongside S&P 500 futures, hinting at cautiously improving risk appetite as the catalyst behind the move. The Kiwi narrowly led the way higher, perhaps reflecting the currency’s yield advantage relative to its Aussie counterpart.

A quiet economic calendar in European trading hours is likely to translate into restrained volatility going forward. US Housing Starts and Building Permits figures may generate a bit of activity, but lasting follow-through seems unlikely as traders wait for the FOMC monetary policy announcement to cross the wires before committing to a firm directional bias.

Losing money trading in the FX market? This might be why.

Asia Session

GMT

CCY

EVENT

ACT

EXP

PREV

23:30

AUD

Weekly Consumer Confidence Index (SEP 18)

115.5

-

118.1

01:30

AUD

RBA Sept. Meeting Minutes

-

-

-

01:30

AUD

House Price Index (QoQ) (2Q)

2.0%

2.8%

-0.2%

01:30

AUD

House Price Index (YoY) (2Q)

4.1%

5.1%

6.8%

European Session

GMT

CCY

EVENT

EXP

PREV

IMPACT

05:45

CHF

SECO September 2016 Economic Forecasts

-

-

Medium

06:00

CHF

Trade Balance (AUG)

-

2.81b

Low

06:00

CHF

Exports Real (MoM) (AUG)

-

5.5%

Low

06:00

CHF

Imports Real (MoM) (AUG)

-

9.2%

Low

06:00

EUR

German PPI (MoM) (AUG)

0.0%

0.2%

Low

06:00

EUR

German PPI (YoY) (AUG)

-1.6%

-2.0%

Low

07:00

JPY

Convenience Store Sales (YoY) (AUG)

-

0.3%

Low

09:40

GBP

BOE ILTR Operation Results

-

-

Medium

13:10

GBP

BOE Exec Director Hauser Speaks in London

-

-

Low

13:50

GBP

BOE Bond-Buying Operation Results

-

-

Medium

Critical Levels

CCY

Supp 3

Supp 2

Supp 1

Pivot Point

Res 1

Res 2

Res 3

EUR/USD

1.1076

1.1125

1.115

1.1174

1.1199

1.1223

1.1272

GBP/USD

1.2849

1.2944

1.2987

1.3039

1.3082

1.3134

1.3229

--- 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