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.

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
More View more
Real Time News
  • S&P 500 on the verge of breaking small consolidation pattern. Dow Jones looking for a new record high. Get your market update from @PaulRobinsonFX here:https://t.co/cbYD5oFkpb https://t.co/jjRuAK1fdb
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.00% France 40: 0.00% FTSE 100: -0.00% US 500: -0.29% Wall Street: -0.77% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/PXEHH2xMun
  • AUD/USD extends the advance following the Reserve Bank of Australia (RBA) interest rate decision to mark the first three-day rally since June. Get your market update from @DavidJSong here:https://t.co/ObJHENt4hS https://t.co/xblMeXF02N
  • USD/JPY on Pace to Print Bullish Engulfing Candlestick - #USDJPY chart https://t.co/8NWolvqA9S
  • Canadian #Dollar Outlook: $USDCAD Recovery Vulnerable- #Loonie Levels - https://t.co/uIEYdDj35x https://t.co/4Z2ot5z2Uz
  • Gold (XAU/USD) has risen above the $1,800 psychological level, prior resistance that had held bulls at support for some time. Get your $XAUUSD market update from @Tams707 here:https://t.co/yNtDDSORQI https://t.co/4zfOjqv1Wx
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 94.21%, while traders in France 40 are at opposite extremes with 78.50%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/spvjyxhNtz
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Gold: 0.00% Silver: -0.44% Oil - US Crude: -3.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/ocFjgpmVxG
  • Anyone else seeing a possible inverse H&S pattern shaping up here? This range has been pretty stubborn though and likely needs a big catalyst to ignite a directional breakout. Covid, NFPs, and Fed tapering stand out as top candidates for swaying #SP500 risk appetite. $SPY $SPX https://t.co/v96OpUj4yc
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.42% 🇬🇧GBP: -0.05% 🇨🇦CAD: -0.06% 🇦🇺AUD: -0.22% 🇨🇭CHF: -0.27% 🇯🇵JPY: -0.45% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/08zO57ZXTy
Aussie Dollar Shrugs Off RBA, Kiwi Dollar Lower Before RBNZ

Aussie Dollar Shrugs Off RBA, Kiwi Dollar Lower Before RBNZ

Ilya Spivak, Head Strategist, APAC

TALKING POINTS – AUSTRALIAN DOLLAR, NEW ZEALAND DOLLAR, YEN, FRANC

  • Australian Dollar a hair higher after status-quo RBA rate decision
  • NZ Dollar down with bond yields before RBNZ policy announcement
  • Yen, Franc at risk as stock index futures hint at risk-on mood ahead

The Australian Dollar ticked a hair higher in Asia Pacific trade as the RBA policy announcement stuck firmly to the status quo, offering no signs of dovish pivot despite recently disappointing CPI data. The statement issued alongside the widely expected decision to keep the cash rate unchanged at 1.5 percent said “once-off declines” may see inflation lower than previously projected this year before a rebound in 2019-20.

Meanwhile, the New Zealand Dollar traded modestly lower. The move tracked a drop in local bond yields, which may reflect pre-positioning ahead of the upcoming RBNZ rate decision. No changes in the policy stance are expected but recent disappointments in economic news flow might trigger a dovish shift in forward guidance. As it stands, markets price in a hike in the fourth quarter of 2019 as the next adjustment.

A modest offering of second-tier economic data offers little to inspire trend development across currency markets in the hours ahead. That might put sentiment trends at the forefront once again. Futures tracking key European and US equities benchmarks are pointing higher, hinting that an upbeat mood may prevail. On balance, that could bode ill for the frequently anti-risk Japanese Yen and Swiss Franc.

See our free guide to learn how to use economic news in your trading strategy!

ASIA PACIFIC TRADING SESSION

Asia Pacific Trading Session Economic Calendar

EUROPEAN TRADING SESSION

European Trading Session Economic Calendar

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

FX TRADING RESOURCES

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

To contact Ilya, use the comments section below or @IlyaSpivak on Twitter

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

DISCLOSURES