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
Mixed
Oil - US Crude
Mixed
Wall Street
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
Gold
Mixed
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.19% US 500: -0.39% Germany 30: -1.12% France 40: -1.14% FTSE 100: -1.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Buso4CQNX2
  • RT @KyleR_IG: #Nikkei extends its tumble to find support around its 50-day MA. Still not buying this inflation narrative -- nominals aren't…
  • #Gold seemed to weaken after the Fed's consumer CPI survey crossed the wires But #XAUUSD is also perceived as an anti-inflation hedge Learn more about why the yellow metal might have did what it did and what to expect ahead in my briefing here - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/05/11/Gold-Price-Outlook-Turns-to-Fed-Speak-After-Consumer-Inflation-Expectations-Jitter.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/Cvg3rdlb69
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/zEEUHZBx7g https://t.co/QZ5d9anwxn
  • 🇳🇱 Inflation Rate YoY (APR) Actual: 1.9% Expected: 1.7% Previous: 1.9% https://www.dailyfx.com/economic-calendar#2021-05-11
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 88.89%, while traders in Wall Street are at opposite extremes with 77.13%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/sV6ncqn10p
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here: https://t.co/nAa0fHHGbZ https://t.co/xkNb1VIrEN
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.10% 🇨🇦CAD: 0.08% 🇨🇭CHF: 0.06% 🇦🇺AUD: 0.03% 🇳🇿NZD: -0.03% 🇯🇵JPY: -0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/hxMR9a5jxI
  • Heads Up:🇳🇱 Inflation Rate YoY (APR) due at 04:30 GMT (15min) Expected: 1.7% Previous: 1.9% https://www.dailyfx.com/economic-calendar#2021-05-11
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.25% US 500: -0.52% France 40: -1.12% Germany 30: -1.24% FTSE 100: -1.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/sAj0aetO3t
Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, Volatility, ECB, BoC

Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, Volatility, ECB, BoC

Market volatility picked up pace this past week, with the Dow Jones and S&P 500 pulling off their worst performance since June. Meanwhile, the tech-heavy Nasdaq 100 slumped the most since March. The VIX ‘fear gauge’ soared the most since June. In the FX space, the haven-linked US Dollar outperformed most of its G10 counterparts. Growth-linked crude oil wobbled.

Historically speaking, September typically brings volatility back into financial markets as traders slowly return from the summer lull. This time around, there are concerns about lofty valuations in information technology shares. An upbeat US jobs report for August seemed to have helped offset dismal ISM services from Thursday.

The new week is shortened by the US Labor Day holiday on Monday, draining liquidity and raising the risk of volatility. As such, breaking news over the weekend could sour market mood further. Since equities bottomed in late March, extended selloffs in equities have been few and far between with most central banks around the world maintaining accommodative monetary policy settings.

This could be once again tested, not just this week, but this month as the 2020 US Presidential Election inches closer. On tap are the European Central Bank (ECB) and Bank of Canada (BoC) for Euro and Canadian Dollar traders respectively. What else do financial markets face in the near term?

Discover your trading personality to help find optimal forms of analyzing financial markets

Fundamental Forecasts:

Euro Forecast: Major Resistance Now for EUR/USD at 1.20 as ECB Meets

This Thursday’s meeting of the European Central Bank will likely end with confirmation that the ECB will do everything it can to stop EUR/USD from strengthening above 1.20.

Canadian Dollar Eyes Bank of Canada Rate Decision as Covid-19 Cases Rise

The Canadian Dollar may fall if the Bank of Canada Rate decision inflates selling pressure in tandem with gloomy economic data out of the United States.

Gold Price Forecast: US Dollar, Treasury Yields Diverge and Drive Trend

Gold prices may trade range-bound as XAU/USD echoes the divergence between Treasury yields and the US Dollar. What could be a downside risk for the yellow metal?

Sterling (GBP) Remains Under Pressure as EU/UK Trade Talks Stall

The latest EU/UK trade talk commentary suggest that talks are going nowhere with both sides refusing to budge from their original positions.

Nasdaq 100, DAX 30, CAC 40 & Nikkei 225 Forecasts for the Week Ahead

Equity markets suffered a sharp reversal last week despite encouraging economic data out of the United States. Now, investors will keep a keen eye on the performance of tech stocks for further clues.

Technical Forecasts:

USD/MXN Week Ahead: Bearish Pressure Seems Set to Continue

The Dollar continues to lose ground against the Peso despite better than expected NFP numbers

US Dollar Outlook: DXY Holds Key Support as Bear Flag Emerges

The US Dollar’s tentative recovery to start the month of September may prove short-lived, as the Greenback’s plunge through long-term support hints at extended losses.

AUD/USD Forecast: Break of Trendline Support Opens Up 50-Day SMA

AUD/USD appears to have established an upward trend in the second-half of 2020, but a break of trendline support may open up the 50-Day SMA (0.7120).

Dow Jones, S&P 500, Nasdaq 100 Forecast: Are Bears Back in Control?

Sellers made a crude re-appearance this week after a robust series of trends developed since March. The big question now is for how long might bears hang around for?

US DOLLAR WEEKLY PERFORMANCE AGAINST CURRENCIES AND GOLD

Currencies vs USD, Yen, Pound, Gold, Aud, NZD Chart

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

DISCLOSURES