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
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
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.19% Gold: -0.06% Silver: -0.28% View the performance of all markets via
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.13% 🇬🇧GBP: 0.04% 🇨🇭CHF: 0.02% 🇨🇦CAD: -0.01% 🇦🇺AUD: -0.07% 🇳🇿NZD: -0.12% View the performance of all markets via
  • British Pound Technical Analysis: GBP/USD, GBP/AUD, GBP/CAD, GBP/NZD #GBP #Sterling $GBPUSD $GBPAUD $GBPCAD $GBPNZD
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.45%, while traders in Wall Street are at opposite extremes with 79.42%. See the summary chart below and full details and charts on DailyFX:
  • 🇨🇳 Industrial Profits (YTD) YoY (JUN) Actual: 66.9% Previous: 83.4%
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • Heads Up:🇨🇳 Industrial Profits (YTD) YoY (JUN) due at 01:30 GMT (15min) Previous: 83.4%
  • Nasdaq 100 at Record High as Tesla Earnings Beat, Will Hang Seng Rebound?
  • Please join @FxWestwater at 22:00 EST/2:00 GMT for a webinar on preparing to trade commodities markets in the week ahead. Register here:
  • The Nasdaq 100 index climbed 0.09% to a record high, lifted by large-cap stocks such as Tesla (+2.21%), Alphabet (+1.33%) and Amazon (+1.18%).
AUD Stuggling But Underpinned By More Robust Risk Appetite

AUD Stuggling But Underpinned By More Robust Risk Appetite

David Cottle, Analyst
AUDUSD 2-Hour Chart

Fundamental Australian Dollar Forecast: Neutral

  • AUD/USD was forced into reverse last week
  • Still, the basic underpinnings of risk appetite remain in place
  • Matters need not obviously get worse for Aussie bulls

Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now, in real time, at the DailyFX Sentiment Page

The Australian Dollar took a bit of a beating last week, snapping the broad uptrend which had sustained bulls since early September.

A few disparate factors came together to hammer the currency, some are likely to prove transient, others perhaps less so. Drone strikes against important Saudi crude oil infrastructure frightened pro-cyclical assets all over the world, Australia’s currency among them.

Closer to home the Australian central bank appeared to leave the door wide open to still-lower interest rates in its last set of monetary policy meeting minutes. The Aussie already offers substantially lower yields than the US Dollar, with the prospect of further rate cuts likely to keep the interest-rate differential very much in the greenback’s favor despite last week’s reduction by the US Federal Reserve.

Finally, there were official Australian employment data. Headline job creation was extremely strong but the details were much less cheerful. Part-time positions accounted for all that strength with the full-time hiring in surprise decline. The unemployment rate ticked up too. Now, one month isn’t going to darken the economy’s unarguable bright spot to any great extent. But it will mean that this series is very much in focus next month.

The coming week offers very little in terms of RBA activity or heavyweight economic data. RBA Governor Lowe is due to speak on the 24th and with the markets pricing in another interest rate cut as soon as November, he’ll be listened to very attentively.

However, assuming he’s no more dovish than usual the Aussie is going to remain in thrall to overall risk appetite. There are plenty of potential reasons why that might take flight, but it is securely underpinned by a better tone in trade talks between the US and China. Still, in the absence of other clear positives it has to be a neutral call this week.

AUD Stuggling But Underpinned By More Robust Risk Appetite

Australian Dollar Resources for Traders

Whether you’re new to trading or an old hand DailyFX has plenty of resources to help you. There’s our trading sentiment indicator which shows you live how IG clients are positioned right now. We also hold educational and analytical webinars and offer trading guides, with one specifically aimed at those new to foreign exchange markets. There’s also a Bitcoin guide. Be sure to make the most of them all. They were written by our seasoned trading experts and they’re all free.

--- Written by David Cottle, DailyFX Research

Follow David on Twitter@DavidCottleFX or use the Comments section below to get in touch!

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