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
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
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
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
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • The AB=CD pattern is simple once you know how to spot it and draw the proper Fibonacci retracements. Make your trading strategy as simple as ABCD here: https://t.co/AKmlmaAZBS https://t.co/AyM4cSDXtC
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Silver: 1.46% Gold: 0.64% Oil - US Crude: -0.93% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/HdkcnCBndK
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.58% 🇬🇧GBP: 0.52% 🇦🇺AUD: 0.44% 🇪🇺EUR: 0.32% 🇨🇭CHF: 0.29% 🇨🇦CAD: 0.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Lh2TJjviR7
  • Heads Up:💶 ECB President Lagarde Speech due at 07:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-10-21
  • Canadian Dollar Outlook: Retail Sales Data May Fuel USD/CAD Downtrend - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2020/10/21/Canadian-Dollar-Outlook-Retail-Sales-Data-May-Fuel-USDCAD-Downtrend.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $CAD $CADJPY $USDCAD https://t.co/sCKDAgobER
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: US 500: 0.55% Wall Street: 0.46% Germany 30: 0.25% France 40: 0.20% FTSE 100: 0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/wmmWvAUv4Y
  • Technical indicators are chart analysis tools that can help traders better understand and act on price movement. Learn more about the importance of technical analysis here: https://t.co/NpC1D8y4Aa https://t.co/soVRqRLnrT
  • 🇬🇧 Core Inflation Rate YoY (SEP) Actual: 0.6% Expected: 1.3% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2020-10-21
  • 🇬🇧 Inflation Rate MoM (SEP) Actual: 0.4% Expected: 0.5% Previous: -0.4% https://www.dailyfx.com/economic-calendar#2020-10-21
  • 🇬🇧 Public Sector Net Borrowing (SEP) Actual: £-36.1B Expected: £-33.6B Previous: £-35.9B https://www.dailyfx.com/economic-calendar#2020-10-21
Weekly Fundamental Forecast: Are Dollar, Pound, Yen Moves Signaling a Tide Change?

Weekly Fundamental Forecast: Are Dollar, Pound, Yen Moves Signaling a Tide Change?

Share:

Top fundamental themes - risk trends, monetary policy influence, etc - have passed another week without the resolve and conviction of a true trend. But, abrupt and provocative moves from the Dollar, Yen and Pound may indicate tension has hit the boiling point.

US Dollar Forecast - NFPs Stall Dollar’s Run, Where Will the Drive Come This Week?

The Dollar enjoyed an impressive run this past week despite a grounded view of risk trends and little progress pushing forward expectations of a 2016 Fed hike. The 1.3 percent climb for the ICE Dollar Index was the largest since the Brexit vote drove shaken investors to the warm embrace of the world’s primary reserve currency.

Euro Forecast - Euro Not in the Driver’s Seat: Brexit Fears and Fed Hike Speculation Dominates

Amid a relatively quiet economic calendar, the Euro has failed to make any significant progress. Overall, it seems that the Euro isn’t in control of its own destiny in the short-term.

British Pound Forecast - GBP/USD ’Flash Crash’ Rebound Looks to BoE/Fed Rhetoric for Fuel

The British Pound ‘flash crash’ is likely to gain increased attention as a slew of Bank of England (BoE) officials are scheduled to speak over the days ahead, but the abrupt depreciation in the sterling may encourage the central bank to endorse a wait-and-see approach for monetary policy as it heightens the risk of overshooting the 2% target for inflation.

Australian Dollar Forecast – Aussie Dollar Vulnerable to Deeper Losses as Fed Outlook Firms

The Australian Dollar may face continued selling pressure as firming Fed interest rate hike bets undermine yield- and sentiment-based support for the currency.

Chinese Yuan Forecast -Yuan Eyes on PBOC after Week-long Holiday

The offshore Yuan (USD/CNH) broke the psychological level of 6.70 in the first trading week as a global reserve currency, while Chinese onshore markets were closed and no Yuan fix was issued by the PBOC.

Gold Forecast - Gold Prices Plummet- Downside Risk Remains on Hawkish Fed

Gold prices plummeted this week with the precious metal down nearly 5% to trade at 1252 ahead of the New York close on Friday. The decline marks the largest weekly loss since October of 2014 and come alongside a broad rally in the U.S. Dollar with the DXY climbing more than 1.3% this week.

Weekly Fundamental Forecast: Are Dollar, Pound, Yen Moves Signaling a Tide Change?

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