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
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
  • 🇨🇭 Unemployment Rate (JUL) Actual: 3.2% Previous: 3.2% https://www.dailyfx.com/economic-calendar#2020-08-10
  • Heads Up:🇨🇭 Unemployment Rate (JUL) due at 05:45 GMT (15min) Previous: 3.2% https://www.dailyfx.com/economic-calendar#2020-08-10
  • The US Dollar is testing key support levels against the Singapore Dollar, Malaysian Ringgit, Philippine Peso and Indonesian Rupiah following persistent losses. Get your #ASEAN currencies market update from @ddubrovskyFX here: https://t.co/qqYDELqydd https://t.co/WPUL1SO8Fv
  • - #USDollar may catch a haven bid as the US and China lock horns over technology - #TrumpExecutiveOrders may encounter congressional friction, spark dash to cash - #bidenvppick announcement could fail to stir markets unless the choice is unexpected https://www.dailyfx.com/forex/fundamental/article/special_report/2020/08/10/US-Dollar-Comeback-Ahead-US-China-Tensions-Push-Havens-Higher.html
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.01%, while traders in US 500 are at opposite extremes with 77.49%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/AB97lqEJQB
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.18% 🇳🇿NZD: 0.13% 🇯🇵JPY: 0.12% 🇪🇺EUR: 0.08% 🇨🇦CAD: 0.05% 🇨🇭CHF: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ThG7IBzIKu
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.67% France 40: 0.66% Germany 30: 0.60% Wall Street: 0.23% US 500: 0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/2l1TvwiW5l
  • The Indian Rupee struggled to benefit from an unexpected RBI rate hold as the Nifty 50 inched closer to invalidating a bearish reversal signal. What is the road ahead for USD/INR? Find out from @ddubrovskyFX here:https://t.co/Zjiay6hQWT https://t.co/IdM8hb6pI1
  • Join @ZabelinDimitri 's #webinar at 11:30 PM ET/3:30 AM GMT to find out how geopolitical risk will affect the markets in the week ahead. Register here: https://t.co/hsULxMNOtM https://t.co/TJbPf8arC3
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.26% Gold: -0.27% Silver: -1.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/4Ap99p4ATh
NZD/USD Hits 2016 Highs As Fed Backs Off Aggressive Hike Path

NZD/USD Hits 2016 Highs As Fed Backs Off Aggressive Hike Path

2016-03-19 00:13:00
Tyler Yell, CMT, Currency Strategist
NZD/USD Hits 2016 Highs As Fed Backs Off Aggressive Hike PathNZD/USD Hits 2016 Highs As Fed Backs Off Aggressive Hike Path

Fundamental Forecast for the New Zealand Dollar: Nuetral

For more updates, sign up for Tyler's e-mail distribution list.

The New Zealand Dollar hit 2016 highs this week on the back of a dovish Federal Reserve announcement where the number of expected interest rate hikes was lowered from four to two. This development allowed risk markets like stocks, commodities like US Oil, and commodity currencies like the New Zealand Dollar to rally to new highs. In addition to the rally, a world of panic among financial markets in the first month and a half of the year has completely flipped on the back of the ever weakening US Dollar. Given the recent RBNZ rate cut, NZD bears are obviously perplexed as we could soon break into levels not seen since summer 2015.

The week started off rough for the Kiwi with another drop in the Dairy Auction for Whole Milk Powder coming in at $1971 per ton vs. expectations of $1974. This showed a continual drop in the price of one of the nation’s most prized commodities from a 6-month high in October from $2,824 per ton. Additionally, New Zealand’s 4Q Balance of Payment (BoP) showed a narrowing deficit moving from -$4.7249b up to -$2.875b. On Tuesday, the Gross Domestic Product (GDP) came in better than expected, which helped push the NZD/USD exchange rate to the highest levels since October/ December in the 0.68/0.69 region.

This week, the major release is Wednesday’s Trade Balance report. Exports are expected to increase to 4.01b from 3.90b while imports are expected to remain steady near 3.90b. A further increase of exports past the expected level of $4.01b could be seen as reason for the NZD to go bid even higher as the RBNZ could see this as reason to limit further hikes. The RBNZ is still expected to cut later this year once more so any news that would show this move as unnecessary would be another reason to buy the NZD against weaker currencies.

Considering the upcoming data, NZD/USD may continue to advance into the December high (0.6882), and the key developments coming out of New Zealand’s construction, retail spending and business services could make up for the drop in Dairy exports. If the New Zealand economy remains stable at the same time that the U.S. Dollar goes without a bid, we could soon move closer to 0.7000.

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


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.