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
Bullish
Oil - US Crude
Bullish
Wall Street
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
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Heads Up:🇫🇷 IEA Oil Market Report due at 08:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-04-14
  • 🇸🇪 Inflation Rate MoM (MAR) Actual: 0.2% Expected: 0.1% Previous: 0.3% https://www.dailyfx.com/economic-calendar#2021-04-14
  • 🇸🇪 CPIF YoY (MAR) Actual: 1.9% Expected: 1.9% Previous: 1.5% https://www.dailyfx.com/economic-calendar#2021-04-14
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.14% Silver: 0.44% Gold: -0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/093eAxPF0S
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/FseOXuCAFs
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.62% 🇦🇺AUD: 0.55% 🇬🇧GBP: 0.34% 🇯🇵JPY: 0.13% 🇨🇭CHF: 0.10% 🇨🇦CAD: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/tLUwGUUcVR
  • Heads Up:🇸🇪 Inflation Rate MoM (MAR) due at 07:30 GMT (15min) Expected: 0.1% Previous: 0.3% https://www.dailyfx.com/economic-calendar#2021-04-14
  • Heads Up:🇸🇪 CPIF YoY (MAR) due at 07:30 GMT (15min) Expected: 1.9% Previous: 1.5% https://www.dailyfx.com/economic-calendar#2021-04-14
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: France 40: 0.44% Germany 30: 0.22% US 500: 0.06% Wall Street: 0.01% FTSE 100: -0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/HxUAYWsRGt
  • Memecoin Dogecoin (DOGE) on a tear - up around 80% in the last 24 hours...#moon #doge @DailyFX Data via https://t.co/E7dBg6z3Ba https://t.co/irGfKeiWAI
US Dollar Q2 Forecast: Dollar Either Principal Safe Haven or Falling Star

US Dollar Q2 Forecast: Dollar Either Principal Safe Haven or Falling Star

One of the greater weights against the US currency to open 2019 – even though it seemed to hold its buoyancy – was the unmistakable dimming in the Federal Reserve’s monetary policy guidance. Last year, the world’s largest central bank hiked its benchmark rate range three times, lifting the rate to a 2.25-2.50 percent spread. That was a ‘gradual’ pace in historical terms; but in the context of the global market, it was remarkable. No other major policy group was normalizing monetary policy so consistently.

US Dollar Daily Price Chart: Ascending Triangle Builds into Q2

US Dollar Q2 Forecast: Dollar Either Principal Safe Haven or Falling Star

Chart prepared by James Stanley

Taking a step back on the US Dollar’s chart can provide some additional and perhaps usable context to this current bout of congestion. The US Dollar’s bearish 2017 trend finally caught support around February of last year; and at that point, a topside rally started that ran into the summer, with sellers showing up around the confluent area of support/resistance around 95.86-96.00.

See the complete Q2’19 Dollar forecast as well as forecasts for the other major currencies, equities, Gold, and Oil.

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

DISCLOSURES