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.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • The Dow Jones and S&P 500 appear to be vulnerable as retail traders continue to buy into their pullbacks. This is shown via IGCS, which is typically a contrarian indicator. Get your market update from @ddubrovskyFX here:
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
  • GBP/USD extends the advance following the US Consumer Price Index (CPI) to trade to a fresh monthly high (1.3773). Get your $GBPUSD market update from @DavidJSong here:
  • RT @Live_News_Nick: #Bitcoin
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.55% 🇳🇿NZD: 0.52% 🇨🇦CAD: 0.06% 🇨🇭CHF: 0.03% 🇪🇺EUR: 0.02% 🇯🇵JPY: -0.51% View the performance of all markets via
  • The S&P 500 closed out the week in style, making a clear break above trendline resistance. Eyes now shift to the bulk of earnings season $SPX $SPY $ES_F
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.20% Silver: -0.83% Gold: -1.60% View the performance of all markets via
  • RT @EricBalchunas: The deed is done. Home free… $BITO
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.71%, while traders in GBP/JPY are at opposite extremes with 79.19%. See the summary chart below and full details and charts on DailyFX:
  • The past few weeks we have regularly mentioned that the SEC is likely to look kindly upon the few Bitcoin futures-based ETFs applications in its pending tray. Get your $btc market update from @nickcawley1 here:
Franc Leads, Canadian Dollar Lags as G10 FX Rotates Amid Turmoil

Franc Leads, Canadian Dollar Lags as G10 FX Rotates Amid Turmoil

Ilya Spivak, Head Strategist, APAC


  • Trade war, emerging market worries continue to weigh on sentiment
  • Canadian Dollar leads commodity FX drop, Franc gains outpace Yen
  • Euro may shrug off CPI report as ECB policy remains on autopilot

Residual risk aversion continued to plague currency markets in Asia Pacific trade. Most regional shares declined as markets continued to fret about trade war escalation between the US and China as well as renewed jitters in emerging market assets.

US President Donald Trump threatened to hit world’s number-two economy with a further $200 billion in tariffs while alleging that Beijing is undermining North Korea denuclearization efforts. Meanwhile, turmoil in Argentina rekindled worries about the knock-on effects of Fed-driven rise in global borrowing costs.

Rotation at the risk on/off extremes of the G10 FX space saw the Canadian Dollar leading commodity bloc currencies lower after its Aussie and Kiwi cousins suffered outsized losses yesterday. On the anti-risk end of spectrum, the Swiss Franc similarly outpaced the Yen having lagged behind it in the prior session.

Looking ahead, sentiment trends seem likely to remain in focus. Futures tracking the FTSE 100 and S&P 500 are tellingly flat before London and New York come online, hinting that the bloodletting may ease a bit. With core issues unresolved, that may reflect concerns about weekend gap risk.

Eurozone CPI tops the data docket. The headline inflation rate is expected at 2.1 percent on-year in August, unchanged from the prior month. The Euro seems unlikely to celebrate even if recently upbeat data outcomes relative to forecasts prove to foreshadow an upside surprise as the ECB remains on autopilot.

See our study on the history of trade wars to learn how it might influence financial markets!


Asia Pacific Trading Session Economic Calendar


European Trading Session Economic Calendar

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


--- Written by Ilya Spivak, Currency Strategist for

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.