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
Mixed
Wall Street
Bearish
Gold
Bearish
GBP/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
USD/JPY
Mixed
More View more
Real Time News
  • #Silver extends losses over 3.1% heading into Thursday's Asia Pacific trading session
  • South Korean Vice Finance Minister Kim Yong-Beom: South Korean stock market volatility may expand. Recent Won gains may be due to Chinese Yuan's rise -BBG
  • 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/4zDmzLQZ3j
  • #EURUSD Selloff to Accelerate? Biden-Trump Race for Florida Tightens - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2020/09/23/EURUSD-Selloff-to-Accelerate-Biden-Trump-Race-for-Florida-Tightens.html
  • $AUDUSD has recorded 4 consecutive down-days for the first time since mid-June, with price collapsing below the 61.8% Fib to support at the June high (0.7064) The last time $AUDUSD recorded losses for five days in a row was during the #Coronavirus Crash in March $AUD https://t.co/RZZ5SGRMnJ
  • 🇳🇿 Balance of Trade (AUG) Actual: N$-353M Previous: N$447M https://www.dailyfx.com/economic-calendar#2020-09-23
  • Heads Up:🇳🇿 Balance of Trade (AUG) due at 22:45 GMT (15min) Previous: N$282M https://www.dailyfx.com/economic-calendar#2020-09-23
  • Could #CrudeOil prices be readying to resume the former uptrend? Or will prices extend losses ahead? #WTI has lately been trading within a Symmetrical Triangle chart pattern Learn more about this formation here - https://www.dailyfx.com/education/technical-analysis-chart-patterns/triangle-pattern.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/g9UlHCePF1
  • Australian Dollar has broken parallel support and remains at risk for further losses within the broader June uptrend. Get your $AUDUSD technical analysis from @MBForex here:https://t.co/gTmlLX5t06 https://t.co/GfEixh5aoP
  • Update on #Cryptocurrencies #BITCOIN +0.27% #BITCOINCASH +0.49% #ETHEREUM +0.21% #RIPPLE +0.49% #LITECOIN +0.38%
Weekly Trading Forecast: Are Markets Underestimating Fed Resolve?

Weekly Trading Forecast: Are Markets Underestimating Fed Resolve?

Share:

Financial markets have been defined by fading Fed rate hike bets in recent weeks. An FOMC rate decision and second-quarter US GDP data now threaten that narrative.

US Dollar Forecast: US Dollar Turns to FOMC Rate Decision, Q2'17 US GDP to Stop the Bleeding

The US Dollar (via DXY Index) finds itself back at fresh yearly lows, but two major events over the coming days – the FOMC rate decision and the US GDP report – could finally offer the greenback a chance to slow its descent and stabilize.

Euro Forecast: Can the Euro Continue to Defy a Dovish ECB and Soft Data Flow?

The Euro faces a telltale period ahead as the bulls’ defiance of a dovish ECB is tested with the passage of top-tier economic data and official commentary.

British Pound Forecast: British Pound Falls as Inflation Disappoints, but Will GDP Revive the Trend?

The British Pound came into this week with legitimate prospects for bullish continuation. But with inflation printing below expectations, that bullish move may be on pause for the foreseeable future.

Japanese Yen Forecast: USD/JPY Eyes June-Low Ahead of FOMC Meeting, 2Q U.S. GDP Report

The Japanese Yen may continue to appreciate against its U.S. counterpart next week should the Federal Open Market Committee (FOMC) soften its hawkish outlook for monetary policy.

Australian Dollar Forecast:Australian Dollar on Watch for RBA Interventions After Debelle

The Australian Dollar market can look forward to a US monetary policy call and official local consumer price data, but the RBA may now be a more obvious focus than either.

New Zealand Dollar Forecast: NZD/USD Surges to Fresh Highs But Caution Advised

NZD/USD broke to upside this week and returned to levels last seen in September 2016 on Fin Min comments

Canadian Dollar Forecast: Don't Fight The Trend

The Canadian Dollar has been strengthening against its US cousin since early May and that trend will most likely continue as long as further interest rate hikes remain probable.

Chinese Yuan Forecast: To Retrace or to Advance, That is a Question around the Yuan

Looking forward, Chinese regulators’ guidance, July FOMC decision, as well as U.S. data prints are more likely to add mixed moves into the pair; both retracement and breakout are possible for the pair next week.

Gold Forecast: Gold Prices Extend Gains as USD Plunges- All Eyes on FOMC

Prices posted the largest weekly rally since May with the advance now eyeing slope resistance. Here are the updated targets & invalidation levels that matter next week.

Global Equities Forecast: Fed Rattle or Help the S&P 500?; DAX in Danger, Nikkei Coiling     

This coming week market eyes will be on the FOMC; the DAX looking to follow-through on post-ECB downdraft, while the Nikkei searches for direction.

Crude Oil Forecast: WTI Crude Weekly Gain Slips As Supply Concern and OPEC Doubts Rise

Crude Oil is pushing away from price resistance as the market anticipates the OPEC review in St. Petersburg will not lead to further supply cuts.

Weekly Trading Forecast: Are Markets Underestimating Fed Resolve?

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