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
Subscribe
Please try again
EUR/USD
Bearish
Oil - US Crude
Bearish
Wall Street
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
Gold
Bullish
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here: https://t.co/ADSC4sIHrP https://t.co/roqwTv3eyP
  • Technical analysis of charts aims to identify patterns and market trends by utilising differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here: https://t.co/KDjIjLdTSk https://t.co/ghcFd5ufaD
  • Traders tend to overcomplicate things when they’re starting out in the forex market. This fact is unfortunate but undeniably true. Simplify your trading strategy with these four indicators here: https://t.co/fYgcMxImlP https://t.co/kkekBVYvhV
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here: https://t.co/9S5tXIs3SX https://t.co/VwIkOMpvYl
  • “The UK and EU have agreed to return to the negotiating table to try to agree a post-#Brexit trade deal. But on Friday, a joint statement said ‘significant divergences’ remained.” - BBC News #GBP
  • Multiple time frame analysis follows a top down approach when trading and allows traders to gauge the longer-term trend while spotting ideal entries on a smaller time frame chart. Learn how to incorporate multiple time frame analysis here: https://t.co/Sy3g6HGLrR https://t.co/aRfVCRZut3
  • Forex sentiment analysis can be a useful tool to help traders understand and act on price behavior. Learn how to get the most out of understanding trader sentiment here: https://t.co/rJznrXkcYz https://t.co/uUh18lR3yK
  • The rising wedge is a popular reversal pattern that is predictive in nature and can give traders a clue to the direction and distance of the next price move. Incorporate the rising wedge in your trading strategy and learn more here: https://t.co/zTTk2WOrj9 https://t.co/q5oBalZieU
  • Both the S&P 500 and $EURUSD will enter the coming week with momentum to their back. What can trip up the rallies? What could keep them going? My overview for the week ahead: https://www.dailyfx.com/forex/video/daily_news_report/2020/12/05/SP-500-and-EURUSD-Rallies-Face-Different-Conviction-Questions-.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/YfEXEhkbhl
  • After the recent strength of EUR/USD, a period of consolidation is likely ahead of two critical meetings: of the European Central Bank and the European Council. Get your $EURUSD market update from @MartinSEssex here:https://t.co/Slu7tHo2a4 https://t.co/9am4szeia1
Weekly Forecast: Carry and Euro Rise to Start the Year as Dollar Struggles

Weekly Forecast: Carry and Euro Rise to Start the Year as Dollar Struggles

2018-01-06 04:18:00
John Kicklighter, Nick Cawley, David Cottle, Renee Mu, Paul Robinson, Tyler Yell, CMT, Christopher Vecchio, CFA,
Share:

The first week of 2018 has come to a close a strong tentative trend has taken in the opening move of the year: risk trends have soared through equities and even reached to frequently lagging carry trade. Have risk trends set the definitive theme and direction for the year with this opening move or will new forces arise to take over?

US Dollar Forecast: Dollar Risks Three-Year Low as Rate Expectations Lose Sway

NFPs underwhelmed an increasingly anesthetized Dollar crowd, but would the currency even responded more definitively to a more dramatic surprise? The Greenback’s bullish options seem to be thinning out.

Euro Forecast: Euro's Strong Fundamentals Drive Long Positioning Build Up at Start of 2018

The Euro has started the year with net-long positions in the futures market at an all-time high.

British Pound Forecast: Positive Tailwinds Continue to Boost Sterling

Sterling’s recent rally is likely to continue against both the US dollar and the euro as the UK’s economic backdrop starts to improve, while Brexit headwinds recede for now.

Australian Dollar Forecast: Rampant Australian Dollar Needs A Reflective Time

The Australian Dollar has joined in fully in the greenback-bashing which has characterized the change from old year to new. However some pause for consideration is now in order.

Chinese Yuan Forecast: Yuan May Extend Gains on New Policies, China-France Summit Adds Uncertainties

Chinese regulators’ newly-introduced policies may support the Yuan; Xi-Macron meetings are likely to both touch on controversial issues and reach deals.

Crude Oil Forecast: Crude Oil Price Falls From 3-Year High On Swelling US Supplies

Crude Oil has closed to the highest level in three years as global demand picture is looking bright, but doubters are pointing to swelling US refined product inventories.

Equities Forecast: Global Stock Markets Start Year Strong; Follow-through in Week 2?

This past week global markets got off to a strong start, and will look to try and build on this momentum in week 2; a little digestion of recent gains would be a healthy development.

Weekly Forecast: Carry and Euro Rise to Start the Year as Dollar Struggles

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