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
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
  • Heads Up:🇧🇷 Industrial Production YoY (JUN) due at 12:00 GMT (15min) Expected: 11.8% Previous: 24%
  • Heads Up:🇧🇷 Industrial Production MoM (JUN) due at 12:00 GMT (15min) Expected: 0% Previous: 1.4%
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here:
  • 🇲🇽 Consumer Confidence (JUL) Actual: 44.3 Previous: 44.3
  • 🇲🇽 Consumer Confidence (JUL) Actual: 44.3 Previous: 44.5
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.96%, while traders in France 40 are at opposite extremes with 79.08%. See the summary chart below and full details and charts on DailyFX:
  • Heads Up:🇲🇽 Consumer Confidence (JUL) due at 11:00 GMT (15min) Previous: 44.5
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here:
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.39% Silver: 0.26% Gold: -0.14% View the performance of all markets via
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.55% 🇦🇺AUD: 0.45% 🇬🇧GBP: 0.24% 🇯🇵JPY: 0.17% 🇪🇺EUR: 0.12% 🇨🇦CAD: -0.05% View the performance of all markets via
US Dollar, Euro Brace for FOMC Minutes, IMF Global Growth Update

US Dollar, Euro Brace for FOMC Minutes, IMF Global Growth Update

Dimitri Zabelin, Analyst

IMF Update, FOMC Minutes, US Dollar, Euro Outlook

  • US Dollar may rise vs Euro if FOMC minutes cool rate cut bets
  • Risk averse environment may be amplified by the IMF’s report
  • Combined, these factors could help push the US Dollar higher

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

The US Dollar may rise vs the Euro if the FOMC meeting minutes pour cold water over ultra-aggressive Fed rate cut bets against the backdrop of potentially sour news from the IMF. The latter may amplify risk aversion and place a premium on anti-risk assets and drive traders to flock to the highly-liquid US Dollar. Escalation in US-China trade war developments may also be a tailwind for haven-linked assets like JPY and CHF.

On October 8, Fed Chairman Jerome Powell gave a few remarks at the NABE conference in Denver. The overarching message was that the Fed is still data-dependent and will monitor incoming data and adjust policy accordingly. However, he did cite global developments posing a risk to the favorable US economic outlook and gave a special nod to rising geopolitics risks as a factor impacting policy.

Furthermore, on October 8, the newly-appointed IMF Director Kristalina Georgieva warned of a “synchronized slowdown”, citing trade war uncertainty as a major headwind to global GDP. She added that “growth this year will fall to its lowest rate since the beginning of the decade” and expressed concern about the global impact of the disruption of cross-border supply chains.

Read more about the ongoing trade war within Asia between two key US allies.

The crisis-lender will also be publishing an update to its World Growth Outlook report, specifically updates its analytics chapter that macro-fundamental investors may be paying attention to. This will also be occurring against the backdrop of escalating US-China trade tensions after Washington threatened to blacklist several Chinese companies for human rights violations. Chinese officials then stated to “stay tuned” for retaliation.

Market Analysis of the Day: Global Composite PMI Data Shows an Alarming Trend

Chart showing JP Morgan Composite PMI


--- 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.