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
Bearish
Oil - US Crude
Mixed
Wall Street
Mixed
Gold
Bearish
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
More View more
Real Time News
  • GBP turbulence persists as investors eye the next round of EU-UK Brexit negotiations. Cautious optimism signals a deal is near. Get your #currencies update from @JMcQueenFX here: https://t.co/WjU4oYpmf7 https://t.co/VcNnCjm0B2
  • An economic calendar is a resource that allows traders to learn about important economic information scheduled to be released. Stay up to date on the most important global economic data here: https://t.co/JdvW6HNuqV https://t.co/AiLoS7DrEQ
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here: https://t.co/3Wked6GBOp https://t.co/HicBmGrokK
  • There is a great debate about which type of analysis is better for a trader. Is it better to be a fundamental trader or a technical trader? Find out here:https://t.co/7kPzAoNoLG https://t.co/5lbyBJeeA7
  • Entry orders are a valuable tool in forex trading. Traders can strategize to come up with a great trading plan, but if they can’t execute that plan effectively, all their hard work might as well be thrown out. Learn how to place entry orders here: https://t.co/lAFyv1gM0P https://t.co/ubLimoYAcr
  • What is the outlook for financial markets ahead of the first presidential debate and how are Democratic nominee Joe Biden and President Donald Trump doing in the polls? Find out from @ZabelinDimitri here:https://t.co/QQwAZTxZFg https://t.co/4cRhRCiv3C
  • The US Dollar could gain as it forms bullish technical formations against the Singapore Dollar and Malaysian Ringgit. USD/PHP may have bottomed, will USD/IDR rise next? Find out from @ddubrovskyFX here:https://t.co/3UIKmbLIvD https://t.co/PY2YyH4vkQ
  • The Indian Rupee may be at risk to the US Dollar as USD/INR attempts to refocus to the upside. This is as the Nifty 50, India’s benchmark stock index, could fall further. Get your $USDINR market update from @ddubrovskyFX here:https://t.co/3wsYlSxd26 https://t.co/z2qB9p8IgX
  • A proxy of #EmergingMarket capital flows hit its lowest since July, falling with the #SP500 after some divergence This is as #USD gained against its developing FX counterparts, highlighting potential risk of a spillover outwards Stay tuned for next week's #ASEAN fundy outlook! https://t.co/kAvpnb0EXO
  • 4 consecutive down weeks for the #SP500, last matched over a year ago #Fed balance sheet continues to gain very cautiously, now at its highest since the middle of June. Still, at slower pace than last week Focus shifts to US fiscal stimulus next week in the House of Reps https://t.co/f8zpSILm86
Weekly Trading Forecast: Fed, BOC Cede Spotlight to the ECB, BOJ

Weekly Trading Forecast: Fed, BOC Cede Spotlight to the ECB, BOJ

Share:

Financial markets reacted to shifting Fed and BOC policy prospects in explosive fashion last week. It is now up to the ECB and the BOJ to stoke further volatility.

US Dollar Forecast: Dollar Drives to Ten-Month Lows as U.S. Data Continues to Disappoint

The Fed remains hawkish, but markets seem to care little: As U.S. data continues to print below expectations, the Greenback furthers the 2017 fall that’s driven prices to fresh ten-month lows.

Euro Forecast: Euro Waits for Draghi as ECB to Keep Rates Unchanged

No new staff economic projections from the European Central Bank this week means no change in policy is expected, so market participants will be waiting for President Mario Draghi’s press conference on Thursday above anything else this week.

British Pound Forecast: All Eyes on the Inflation Data

Traders in the British Pound will be focused on Tuesday’s UK inflation data for June in the week ahead.

Japanese Yen Forecast: Yen Plunge May Resume as the Bank of Japan Asserts Dovish Stance

The Japanese Yen may fall further after a brief pause last week as the Bank of Japan firmly asserts its dovish stance and threatens markets with the prospect of greater easing.

Australian Dollar Forecast: More Gains May Be Too Much to Ask

The Australian Dollar enjoyed something of a banner week last week thanks to a variety of supportive factors. However, it can’t rely on a rerun even if it doesn’t fall far.

Canadian Dollar Forecast: USD/CAD Post-BoC Weakness to Persist as Bearish Momentum Gathers Pace

The material shift in USD/CAD behavior may continue to unfold over the near-term as the Bank of Canada (BoC) alters the outlook for monetary policy.

Chinese Yuan Forecast: Yuan Looks to China's Q2 GDP, US-China Economic Talks

Event risks will be top drivers for the Yuan rate in the coming week. China’s growth in the second quarter as well as US-China bilateral negotiations could largely impact the outlook of the economy.

Gold Forecast: Gold Prices Rebound From Key Support As Yellen Softens Rate Expectations

Prices rebounded off key support this week with the rally now eyeing initial resistance targets. Here are the updated targets & invalidation levels that matter next week.

Global Equities Forecast: S&P 500 Earnings, Risk Trend-Driven; DAX, Nikkei Face ECB, BoJ

S&P 500 trades into uncharted territory, will rely on risk sentiment and earnings releases; DAX could move on ECB surprise language, while Nikkei unlikely to be impacted by BoJ.

Crude Oil Forecast: Crude Oil Rises Into 55-DMA On 5% Weekly Gain, Production Rises

Crude Oil is ending the week close to the 55-DMA thanks in part to a weak USD and the DoE showing the largest inventory draw since September.

Weekly Trading Forecast: Fed, BOC Cede Spotlight to the ECB, BOJ

See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar.

See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.

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

DISCLOSURES