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
EUR/USD
Bearish
Oil - US Crude
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
Wall Street
Mixed
Gold
Bullish
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
More View more
Real Time News
  • 🇰🇷 Consumer Confidence (OCT) Actual: 91.6 Previous: 79.4 https://www.dailyfx.com/economic-calendar#2020-10-27
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.44% 🇯🇵JPY: 0.40% 🇨🇦CAD: 0.20% 🇦🇺AUD: 0.08% 🇨🇭CHF: -0.10% 🇪🇺EUR: -0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GTC0ZxZF92
  • Heads Up:🇰🇷 Consumer Confidence (OCT) due at 21:00 GMT (15min) Previous: 79.4 https://www.dailyfx.com/economic-calendar#2020-10-27
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 0.59% Gold: 0.26% Oil - US Crude: -1.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/XIGKv3ba3L
  • We've gotten here: as of today, it is one week until the #PresidentialElection2020. BUT the situation is incredibly fluid with Covid-19. With this in mind, do you think the election process itself - distribution, counting, etc - will be prolonged?
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.81%, while traders in EUR/USD are at opposite extremes with 70.08%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/rFFh3X4MVR
  • Are #stocks readying for a major turn? It’s still too early to say, and the S&P 500 is grasping on to a bullish continuation pattern that remains. Get your S&P500 technical analysis from @JStanleyFX here:https://t.co/Ipm3PAzX1B https://t.co/RW6rnseGTf
  • Microsoft Earnings: Revenue: $37.15B vs $35.75B exp EPS: $1.82 vs $1.55 est $MSFT shares creep just 0.3% higher in after-hours trading
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.04% US 500: 0.03% FTSE 100: -0.26% Germany 30: -0.46% France 40: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/BB0qWcl7fS
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 0.76% Gold: 0.38% Oil - US Crude: 0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/V4XICPZVar
Sterling Unmoved on As-Expected UK Construction Data

Sterling Unmoved on As-Expected UK Construction Data

2012-06-06 08:46:00
David Schutz,
Share:

THE TAKEAWAY: UK PMI construction fell in May -> Decline was expected by economists -> Sterling little changed versus US Dollar, Yen

The UK purchasing managers’ index for construction fell in May to 54.4 from 55.8 in April, Markit economics said today. The decline came in line with expectations. The index gauges industrial sentiment by surveying major players in the industry.

UK PMI construction reached a 21-month high of 56.7 in March before falling in April, and a reading above 50 indicates an expanding market. The data is part of a string of reports used by the Bank of England in policy decisions aimed at stimulating economic growth and managing inflationary pressures.

Referencing current political instability in the Eurozone, BoE Governor Mervyn King recently said that growth prospects in the UK are now lower than they were three months ago, adding that the UK cannot qualify the damage that would be done by a breakup of the Euro. Mr. King added that even the threat of Euro-area risk is enough to slow UK growth.

The British Pound remained stable after today’s release and was well supported against the US Dollar after recent weakness since the beginning of May.

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

DISCLOSURES