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. See our updated Privacy Policy here.



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
Please try again
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • What suits your style of trading stocks or commodities? Find out what are the differences in these two markets here:
  • (Weekly Technical Outlook) US Dollar Outlook, Key Trend Reversals Playing Out? USD/CAD, AUD/USD, EUR/USD, GBP/USD #USD $USDCAD $AUDUSD $EURUSD $GBPUSD
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • The non-farm payroll (NFP) figure is a key economic indicator for the United States economy. It is also referred to as the monthly market mover. Find out why it has been given this nickname here:
  • 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:
  • Dealing with the fear of missing out – or FOMO – is a highly valuable skill for traders. Not only can FOMO have a negative emotional impact, it can cloud judgment and overshadow logic. Learn how you can control FOMO in your trading here:
  • Rollover is the interest paid or earned for holding a currency spot position overnight. Learn how to earn rollover interest on your open positions here:
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • Get your snapshot update of the of relative currency strength and exchange status from around the globe here:
Euro Jumps as German Business Confidence Survey Beats Expectation, Previous

Euro Jumps as German Business Confidence Survey Beats Expectation, Previous

David Schutz,

THE TAKEAWAY: IFO survey better than expected -> Business confidence increased to 8-month high -> Euro jumps intraday

German business confidence rose unexpectedly in March, the widely read IFO survey out of Munich revealed today. The survey’s business confidence component came in at an 8-month high of 109.8, versus the expected 109.6, and the previous business confidence figure was revised up to 109.7. The current assessment and business expectations components saw similar gains, fueling a spike in the Euro intraday.

Euro_jumps_after_IFO_body_BOE.png, Euro Jumps as German Business Confidence Survey Beats Expectation, Previous

The single currency jumped 25 points after the release as investors took encouragement in the improving economic outlook. Although German manufacturing has contracted recently as consumer confidence erodes, today’s positive release was seen as a sign that investors have taken a positive view of recent European efforts to resolve the ongoing debt crisis.

The IFO's economist Wohlrabe said the gains in the IFO survey show that a mini-recession in Germany can be avoided.

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