Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Oil - US Crude
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
Wall Street
More View more
Real Time News
  • $EURUSD Daily Pivot Points: S3: 1.1629 S2: 1.1694 S1: 1.1718 R1: 1.1783 R2: 1.1825 R3: 1.189 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.51% 🇨🇦CAD: 0.39% 🇪🇺EUR: 0.38% 🇳🇿NZD: 0.04% 🇬🇧GBP: -0.12% 🇯🇵JPY: -0.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/qEABm6nDyn
  • US Treasury Yields: 2-Year: 0.159% 3-Year: 0.188% 5-Year: 0.299% 7-Year: 0.496% 10-Year: 0.671% 30-Year: 1.369% $TNX
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 2.87% Gold: 0.40% Oil - US Crude: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/9zzrCQMv2s
  • S&P 500 price is within striking distance of hitting all-time highs as stocks continue to rally. Get your market update from @RichDvorakFX here: https://t.co/pKvJ9wv9VY https://t.co/kkbBSDDVo8
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.94%, while traders in US 500 are at opposite extremes with 78.38%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Ycy6nhUEDm
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.09% US 500: -0.02% Wall Street: -0.07% France 40: -0.14% FTSE 100: -0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/6KHC1wW7Wo
  • Ugly numbers but (always a but with data), June monthly GDP +8.7% gives hope.... https://t.co/CYevGpL7g5
  • Fed's Daly: #Fed committed to making inflation goal of 2% - BBG
  • With the S&P 500 just topping its all-time record high and the 10YR Treasury yield up again now to 67-bps, yesterday's selloff in stocks looks more like it had to do with margin calls related to the sharp reversal in precious metals.
Dollar as a Safe Haven or Source of Global Instability?

Dollar as a Safe Haven or Source of Global Instability?

2020-07-03 13:00:00
John Kicklighter, Chief Strategist

US Dollar Points:

  • The Dollar maintains a distinct ‘safe haven’ status, but it is when absolute liquidity is prized that the currency’s nuanced problems are downplayed
  • Stimulus remains a prominent theme heading into the third quarter as speculation over the Fed committing to yield curve control has the FOMC minutes in the crosshairs
  • Meanwhile, the return of trade war pressures from the US against China and the EU reminds that the Dollar may actually be an epicenter of uncertainty
USD Forecast
USD Forecast
Recommended by John Kicklighter
Download the new 3Q Dollar forecast!
Get My Guide

The US Dollar managed to close this past quarter without having to commit to a systemic bullish or bearish trend – much like broader risk benchmarks such as the Dow. It will prove difficult for the benchmark currency to avoid a clear drive through the second half of 2020 as more critical systemic issues come to a head.

Through the opening week of the new month, quarter and half; the Greenback looks like it may weigh in on its often-assumed sacrosanct safe haven status. Through the past few weeks, the inverse correlation between the DXY Dollar Index and the S&P 500 was remarkably acute. That is a change from the carry status the currency held in 2019. Should the rise of the coronavirus cases in the United States (and around the world) trigger another avalanche in capital markets, the Dollar will likely see its profile swell again. Yet, that role is not certain.

A serious caveat to the most liquid currency moving forward is the growing hostility of the United States towards its major counterparts – both trade rivals and partners. While the carry over trade war with China is taking on a new life as the White House increasingly ascribes blame for the global pandemic on the country, there are tensions arising even with the European Union. This policy uncertainty is likely to only increase as the US election comes into view (November 3rd). Watch this thread unfold starting in this very first full week of the new quarter.

Chart of the DXY Dollar Index Overlaid with the US Economic Policy Uncertainty Index (Weekly)

Fed US Dollar and economic policy uncertainty

Chart Created on Tradingview Platform

See the full fundamental and technical analysis of the US Dollar for the third quarter in our new guide.

USD Forecast
USD Forecast
Recommended by John Kicklighter
Get Your Free USD Forecast
Get My Guide

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


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.