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
Oil - US Crude
Wall Street
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
  • What suits your style of trading stocks or commodities? Find out what are the differences in these two markets here:
  • (Weekly Technical Outlook) US Dollar Outlook, Key Trend Reversals Playing Out? USD/CAD, AUD/USD, EUR/USD, GBP/USD #USD $USDCAD $AUDUSD $EURUSD $GBPUSD
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It is also referred to as the monthly market mover. Find out why it has been given this nickname here:
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here:
  • Dealing with the fear of missing out – or FOMO – is a highly valuable skill for traders. Not only can FOMO have a negative emotional impact, it can cloud judgment and overshadow logic. Learn how you can control FOMO in your trading here:
  • Rollover is the interest paid or earned for holding a currency spot position overnight. Learn how to earn rollover interest on your open positions here:
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • Get your snapshot update of the of relative currency strength and exchange status from around the globe here:
US Dollar, Stock Markets Brace for Key US Data, EU-US Trade War

US Dollar, Stock Markets Brace for Key US Data, EU-US Trade War

Dimitri Zabelin, Analyst

US Economic Data, US Dollar Outlook

  • US Dollar, stock markets may suffer if US ISM composite data misses estimates
  • US equities remain vulnerable after key local data fueled aggressive risk-off tilt
  • WTO ruling tilted in favor of US – Washington to impose tariffs against the EU

Learn how to use political-risk analysis in your trading strategy!

The US Dollar along with local and European equity markets may suffer if yesterday’s aggressive selloff extends into the session against the backdrop of deteriorating EU-US trade relations. The WTO recently announced a final ruling on a 15-year dispute that awards the US the right to impose tariffs of up to $7.5 billion worth of EU goods. This comes amid the US-China trade conflict and rising geopolitical risks.

In the US, ISM composite data is expected to show a 55.1 print, slightly less than the previous 56.4 reading. Local factory orders data is expected to show a 0.2 percent contraction, significantly lower than the prior 1.4 percent increase. Data out of the US has significantly improved over the past few months, though recent gloomy results put that recovery at risk, especially in light of the EU-US trade conflict.

The WTO recently gave its final ruling on a 15-year dispute over Europe subsidizing aircraft giant Airbus and has awarded the US the right to impose over $7 billion worth of tariffs on EU goods. On October 18, the US will levy a 10 percent tariff on commercial aircrafts and a 25% tax on various agricultural and industrial goods. Europe will not be able to retaliate yet, though Washington may impose additional tariffs on security grounds.

Policymakers have continued to cite strained international trade tensions as a primary factor behind slower growth and softer cross-border investment. Weaker business confidence is a reflection that producers are hesitant to expand production if the demand to purchase their products is lacking. Waning consumer confidence is particularly concerning for economies that overwhelmingly rely on consumption to fuel growth.

Chart of the Day: Trade Wars Negatively Impacting Manufacturing Sectors

Chart showing PMI Data


--- Written by Dimitri Zabelin, Jr Currency Analyst for

To contact Dimitri, use the comments section below or @ZabelinDimitrion Twitter

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