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.

Free Trading Guides
EUR/USD
Mixed
Low
High
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
GBP/USD
Bearish
USD/JPY
Bullish
Gold
Bearish
Oil - US Crude
Bearish
Bitcoin
Mixed
More View more
Real Time News
  • Saudi Oil Official tells Amena Bakr that no deeper cut is being advocated by Saudi Arabia
  • RT @Amena__Bakr: “No deeper cut being advocated by the kingdom,” a saudi oil official tells @energyintel #OOTT #opec
  • Canadian Dollar Surges post-BoC, USD/CAD Breaks Down: CAD Outlook https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2019/12/05/canadian-dollar-surges-post-boc-usdcad-breaks-down-us-dollar-to-canadian-dollar-price-outlook-js56.html $USDCAD https://t.co/L8h3r6WHzE
  • OPEC+ Ministerial panel discusses deepening oil cuts by 500kbpd, according to two sources - RTRS #OOTT
  • Aside from key inflation indicators remaining on target, it seems like the risk of stoking financial vulnerabilities is another big factor the Bank of Canada has refused to capitulate and join other dovish central banks around the world slashing policy interest rates $CAD #BOC https://t.co/i3MGdZIIy8
  • BoC Deputy Governor Lane - There is no reason for the BoC to move in step with the Fed when it comes to rate moves
  • BoC Deputy Governor Lane - global economic uncertainty likely to persist even if US and China reach a trade deal - Heavy household borrowing creates vulnerabilities that could amplify any negative shock to the economy, in which lowering rates further could make this worse $CAD
  • Why financial market traders must monitor both monetary and fiscal policy?Find out from @MartinSEssex here: https://t.co/Fkzk88Y5gm https://t.co/LOaukAUEDa
  • LIVE NOW: Join Senior Currency Strategist @CVecchioFX as he talks about the most relevant information at the moment from the major central banks in the world. Register here: https://www.dailyfx.com/webinars/888096923?CHID=9&QPID=917720
  • How can you trade #forex after a major release? Find out: https://t.co/sdxcXb8q60 #tradingstyle https://t.co/PJxslDFdBd
Weekly Trading Forecast: Will We See More of Last Week's Exceptional FX and Commodity Volatility?

Weekly Trading Forecast: Will We See More of Last Week's Exceptional FX and Commodity Volatility?

Share:

The Dollar suffered one of its most abrupt swoons in years until NFPs stabilized the currency. Oil and gold meanwhile generated remarkable volatility and tentative stabs at trends. Will we see more of these active markets this week?

US Dollar Forecast – Dollar Recovers After Painful Stumble as Market’s Fed Doubts Waver

A number of major market themes were driven this past week; but for FX, the Dollar’s remarkable volatility grabbed most traders’ attention.

Euro Forecast - EUR/USD Rally May Slow as Markets Reassess ECB, Fed Policies

EUR/USD immediately benefited from the market pricing out any Fed rate hikes this year, but price may have gotten too far ahead of itself.

British Pound Forecast – GBP/USD 2016 Rebound Vulnerable to Upbeat Fed Testimony

The near-term rebound in GBP/USD may continue to unravel in the week ahead should the Federal Reserve’s semi-annual Humphrey-Hawkins testimony with Chair Janet Yellen highlight a further deviation in the policy outlook.

Japanese Yen Forecast - A Week of Wonder and Befuddlement for the Yen

Last week we looked at the astonishing surprise decision by the Bank of Japan to move to negative interest rates.

Australian Dollar Forecast - Australian Dollar Down Trend May Resume on Yellen Testimony

The Australian Dollar may resume its long-term down trend after rebounding to a monthly high last week as testimony from Fed Chair Yellen reboots US rate hike speculation.

Canadian Dollar Forecast – Highest Unemployment Rate in 2yrs. Stalls CAD Rally

This week’s moves have put the Bank of Canada, and CAD traders in a precarious position.

Chinese Yuan Forecast – PBOC Prepared the Yuan Ahead of One-Week Holiday

Both the offshore (CNH) and onshore yuan (CNY) rates closed higher on Friday after China’s central bank raised the yuan reference against the dollar to a one-month high of 6.5314.

Gold Forecast – Gold’s Luster at Risk as Fed Testimony Looms

Gold prices rallied for a third consecutive week with the precious metal advancing more than 3.5% to trade at 1157 ahead of the New York close on Friday.

Weekly Trading Forecast: Will We See More of Last Week's Exceptional FX and Commodity Volatility?

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

What are the Traits of Successful Traders? See what our studies have found to be the most common pitfalls of retail FXtraders.

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

DISCLOSURES

News & Analysis at your fingertips.