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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
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
Oil - US Crude
Bullish
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
Wall Street
Mixed
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Fed's Rosengren says achieving 2% inflation in 4 years would be a matter of luck - BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.16%, while traders in NZD/USD are at opposite extremes with 64.95%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/vVgLKSkG2U
  • Gold on pace for another big decline today, support levels are falling fast. ~1800 is the next major area to keep an eye on in my opinion #Gold $XAU https://t.co/mOjSGm2snA
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.35% Gold: -1.88% Silver: -5.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/dpJL9GNED0
  • Gold prices have been showing bearish tendencies for the better part of the past seven weeks, coming fresh on the heels of all-time-highs that printed in early-August. Get your $XAUUSD market update from @JStanleyFX here:https://t.co/ucxIo1pFfg https://t.co/aHUhmb8YVK
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.20% 🇪🇺EUR: -0.26% 🇨🇭CHF: -0.35% 🇨🇦CAD: -0.44% 🇳🇿NZD: -0.99% 🇦🇺AUD: -1.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/3KGtHyMLEM
  • Fed's Rosengren says he is less optimistic against other forecasters in Fed - BBG
  • Fed Chair Powell: - Studying what caused dysfunction in Treasury market back in March - DJ via BBG
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: France 40: -0.25% Germany 30: -0.33% FTSE 100: -0.36% Wall Street: -0.48% US 500: -0.84% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/0ZaXkoSq3u
  • $Gold down to that next support zone, closer and closer to fresh two-month-lows https://t.co/0ecO64jQQc https://t.co/H3eF5Wyi8P
Weekly Trading Forecast: Fueling Fed, Brexit and China Fundamental Speculation

Weekly Trading Forecast: Fueling Fed, Brexit and China Fundamental Speculation

Share:

This past week was concentrated on a singular event – NFPs which materially bested expectations. Ahead, we will tap into key global themes from Brexit with the BoE decision to China GDP and Eurozone stability.

US Dollar Forecast – USDollar Shows Little Deference to NFPs, Conviction Comes from Abroad

It would seem that the Dollar had strong fundamental fuel to revive its climb this past week, but the currency made little effort to revive its post-Brexit rally.

Euro Forecast – Brexit Fears Swirl Around Euro, Drag Italian Banks into Limelight

It seems like it’s just a matter of time until the Italian banking sector is bailed out – which won’t do anything but stir more populism in Europe.

British Pound Forecast – While Brexit Makes the Waves, Carney Drives the Pound

The British Pound continues to get smashed in the post-Brexit environment, with this week seeing yet another +30-year low print as price action drove below the psychological 1.3000 level against the US Dollar.

Japanese Yen Forecast - USD/JPY Risks Further Losses on Soft U.S. Data, Dovish Fed Rhetoric

Key developments coming out of the U.S. economy may largely influence the USD/JPY exchange rate over the week ahead as the economic docket remains fairly light for Japan.

Australian Dollar Forecast - Aussie Dollar to Mirror Risk Trends Amid Global Slowdown Fears

The Australian Dollar is likely to fall in with risk sentiment trends as markets weigh up the threat of a global economic slowdown on the heels of the UK “Brexit” referendum.

Canadian Dollar Forecast - Canadian Dollar Tests Support On Weak Employment And Trade Deficit

The price of USD/CAD rose back toward resistance near 1.3150/3000 on Friday when Canada released June Employment figures that underwhelmed what economists were expecting after a stellar May report.

Chinese Yuan Forecast - To Track the Dollar, or to Track the Basket; That is the Question Around the Yuan

The onshore Yuan lost against the US Dollar for the fourth consecutive week and hit new lows at levels not seen since November 2010. As of 10:20 am EDT, the onshore Yuan (USD/CNY) dropped -0.48% to 6.6869.

Gold Forecast – Gold’s Six-Week Rally Vulnerable Post-NFP

Gold prices advanced for a sixth consecutive week with the precious metal up more than 0.9% ahead of the New York close on Friday.

Weekly Trading Forecast: Fueling Fed, Brexit and China Fundamental Speculation

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

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!

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

DISCLOSURES