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
Oil - US Crude
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
Wall Street
Bearish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
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
More View more
Real Time News
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here: https://t.co/5uSWKoLkd6 https://t.co/37m2Ij6f2H
  • Technical indicators are chart analysis tools that can help traders better understand and act on price movement. Learn more about the importance of technical analysis here: https://t.co/NpC1D8y4Aa https://t.co/aG5lue4jZ4
  • Emotions are often a key driving force behind #FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:https://t.co/eILWbFgHRE https://t.co/K4BUUCDVdB
  • 💶 GDP Growth Rate QoQ 2nd Est (Q2) Actual: -12.1% Expected: -12.1% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2020-08-14
  • 💶 GDP Growth Rate YoY 2nd Est (Q2) Actual: -15% Expected: -15% Previous: -3.1% https://www.dailyfx.com/economic-calendar#2020-08-14
  • 💶 Balance of Trade (JUN) Actual: €21.2B Expected: €12.6B Previous: €9.4B https://www.dailyfx.com/economic-calendar#2020-08-14
  • 💶 GDP Growth Rate QoQ 2nd Est (Q2) Actual: -12.1 Expected: -12.1% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2020-08-14
  • 🇭🇰 GDP Growth Rate QoQ Final (Q2) Actual: -0.1% Expected: -0.1% Previous: -5.3% https://www.dailyfx.com/economic-calendar#2020-08-14
  • 🇭🇰 GDP Growth Rate YoY Final (Q2) Actual: -9% Expected: -9% Previous: -9.1% https://www.dailyfx.com/economic-calendar#2020-08-14
  • 💶 GDP Growth Rate YoY 2nd Est (Q2) Actual: -9% Expected: -15% Previous: -3.1% https://www.dailyfx.com/economic-calendar#2020-08-14
US Dollar May Look Past Data, Fed-Speak as Trump Speech Looms

US Dollar May Look Past Data, Fed-Speak as Trump Speech Looms

2017-02-27 06:51:00
Ilya Spivak, Head Strategist, APAC
Share:

Talking Points:

  • Pound falls on rumors government expects another Scottish independence vote
  • Aussie Dollar gains on corporate profits data, NZ Dollar falls with local yields
  • US Dollar may not find lasting cues in data, Fed-speak as Trump speech looms

The British Pound underperformed in an otherwise quiet start to the trading week, sliding against all of its G10 FX counterparts. According to the newswires, the move was triggered by a story in the Times of London alleging that UK Prime Minister Theresa May is preparing for a another referendum on Scottish independence following Brexit.

The Australian Dollar advanced following impressive corporate profits data for the fourth quarter. The New Zealand Dollar declined alongside local bond yields, pointing to ebbing RBNZ rate hike bets as the catalyst driving selling pressure. The move followed data showing the largest migration gain in at least 35 years, which markets may have read as a cap on wage inflation limiting scope for tightening.

Looking ahead, a quiet European economic calendar might have been expected to put Fed rate hike speculation back into the spotlight as January’s US Durable Goods Orders and Pending Home Sales data is published and comments from Dallas Fed President Kaplan cross the wires. The US Dollar seems unlikely to pay much attention however, waiting for an upcoming speech form President Trump to offer direction cues.

Have a question about trading the financial markets? Join a Q&A webinar and ask it live!

Asia Session

US Dollar May Look Past Data, Fed-Speak as Trump Speech Looms

European Session

US Dollar May Look Past Data, Fed-Speak as Trump Speech Looms

** All times listed in GMT. See the full DailyFX economic calendar here.

--- 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

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.