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.

Free Trading Guides
EUR/USD
Bearish
GBP/USD
Mixed
USD/JPY
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
Mixed
Oil - US Crude
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
Bitcoin
Bullish
More View more
Real Time News
  • video of today's webinar posted and ready to go https://www.dailyfx.com/forex/market_alert/2020/01/23/eurusd-breaks-down-oil-tests-key-support-as-risk-off-hints-appear-js57.html
  • The S&P 500 has continued its march higher, hitting fresh record peaks. However, as highlighted previously, we see caution in chasing the market higher with rising risks of an overdone sell-off. Get your market update from @JMcQueenFX here:https://t.co/PRHIs463kh https://t.co/HkOmrovmMy
  • #Crypto update: $BTC -3.4% $BCH -7.5% $LTC -8% $XRP -5.4% $ETH -4.5%
  • Commodities Update: As of 19:00, these are your best and worst performers based on the London trading schedule: Gold: 0.30% Oil - US Crude: 0.28% Silver: -0.15% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/65Tl7Mp42T
  • $AUD: A better than expected jobs report led by an increase in part-time workers has boosted the Australian Dollar, up 0.3% against the greenback. Get your market update from @JMcQueenFX here: https://t.co/RODLl10uFv https://t.co/FMZihY7W4K
  • Fed to hold open meeting on Volcker rule on January 30 #Fed
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.29%, while traders in US 500 are at opposite extremes with 75.78%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Mx7yTCCBLD
  • https://t.co/oBoJmViok5 $AUDJPY $NZDJPY $SGDJPY $HKDJPY $USDJPY $TNX $SPY $TLT
  • Indices Update: As of 19:00, these are your best and worst performers based on the London trading schedule: France 40: 0.45% Germany 30: 0.36% US 500: -0.07% Wall Street: -0.23% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/QJdYrLYDvn
  • RT @W7VOA: @StateDept "It is a bit too early to consider that this is a public health emergency of international concern," according to @WH…
Manufacturing Production Climbs Most in 10-months, Industrial Production Improves Too

Manufacturing Production Climbs Most in 10-months, Industrial Production Improves Too

2011-03-10 09:52:00
Jonathan Granby,
Share:

Signs that the UK economy is resuming to grow after taking a knock during severe winter weather got a boost this morning as manufacturing production grew at the fastest pace in 10-months and industrial production continued to grow at a healthy rate. The Office for National Statistic (ONS) reported the manufacturing output rose 1% from December when it contracted by 0.1% beating consensus forecasts for a 0.6% increase. Meanwhile, industrial production grew at 0.5% higher than the expected rate of 0.4%. The year-on-year figures kept up pace too with manufacturing production climbing at the fastest pace (6.8%) since November 1994 and industrial production (4.4%) at its best since December 1994.

Manufacturing_Production_body_gbp.png, Manufacturing Production Climbs Most in 10-months, Industrial Production Improves Too

Despite climbing off lows pre-release Cable was unable to continue paring its decline after the release. Despite the release macro trends and geopolitics are keeping a firm grip on the markets at present boosting the buck across the board and no data is really shaping price action. Some traders are also likely to remain sidelined with the Bank of England rate decision due at 12:00GMT. On the day Gbp/Usd remains under the cosh and continues to look vulnerable to the downside, with a move back toward 1.6000 in coming days looking likely.

Written by Jonathan Granby, DailyFX Research Team

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

DISCLOSURES

News & Analysis at your fingertips.