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
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
Mixed
GBP/USD
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
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
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Silver: 0.38% Oil - US Crude: 0.18% Gold: 0.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Rh2ATYRz6A
  • #Bitcoin Price Forecast: #Coinbase IPO May Fuel BTC's Push to Record Highs - https://www.dailyfx.com/forex/market_alert/2021/04/13/Bitcoin-Price-Forecast-Coinbase-IPO-May-Fuel-BTCs-Push-to-Record-Highs.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $BTC #CoinbaseIPO https://t.co/3iRPfZsswt
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: -0.03% 🇪🇺EUR: -0.09% 🇨🇦CAD: -0.09% 🇨🇭CHF: -0.17% 🇯🇵JPY: -0.18% 🇳🇿NZD: -0.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/89nLQYaP9j
  • Chinese Q1 exports rise 38.7% y/y in Yuan terms, imports up 19.3% y/y and trade surplus at 759.3b Yuan -BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.78%, while traders in Germany 30 are at opposite extremes with 75.83%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/qyG3FM0e7r
  • Update on #Cryptocurrencies #BITCOIN +0.95% #BITCOINCASH -1.51% #ETHEREUM +0.76% #RIPPLE +8.21% #LITECOIN +0.83%
  • What suits your style of trading stocks or commodities? Find out what are the differences in these two markets here: https://t.co/BnA07cMV0s https://t.co/Wuzmi2C95V
  • Stocks on Wall Street retreated from record highs while Treasury yields climbed following smooth bond auctions. The Hang Seng and ASX 200 indexes are poised to gain slightly ahead of Chinese trade data. https://www.dailyfx.com/forex/market_alert/2021/04/13/SP-500-Pauses-Record-Rally-Hang-Seng-and-ASX-200-Drift-Higher.html https://t.co/elDSHDBIgJ
  • Wall Street Futures Update: Dow Jones (+0.03%) S&P 500 (+0.01%) Nasdaq 100 (-0.01%) [delayed] -BBG
  • 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: https://t.co/CNtqrKWDBY https://t.co/ns6TUdfkEA
Forex News: Sterling Climbs Despite Rise in UK Jobless Claims

Forex News: Sterling Climbs Despite Rise in UK Jobless Claims

Benjamin Spier, Technical Strategist

THE TAKEAWAY: UK jobless claims in October unexpectedly rise to 10,100 -> Unemployment for July through September drops to 7.8% -> Sterling trading slightly higher

The amount of people in the UK claiming to be out of work rose at the sharpest rate in over a year in October, according to the UK Office for National Statistics. 10,100 more people found themselves out of work as opposed to expectations for no change in jobless claims; the jobless claims for September was revised to 800 more people out of work from an initial estimate of a drop in unemployment by 4,000.

The unemployment rate for July through September was 7.8%, better than an expectation for the unemployment rate to remain at 7.9%. There was a total of 2.51 million people unemployed in October, which was down 49,000 from the April through June period. Regular pay, excluding bonuses, rose by 1.9% in the July through September period from a year earlier.

Although the data was worse than expected, the effect did not significantly bring down the British Pound in currency markets, as macro themes drove risk correlated currencies slightly higher in the European session. GBPUSD is trading slightly below the key 1.5900 figure, where resistance could be provided by the 61.8% retracement of the decline in May.

GBPUSD 15-minute: November 14, 2012

Sterling_Climbs_Despite_Rise_in_UK_Jobless_Claims_body_gbpusd.png, Forex News: Sterling Climbs Despite Rise in UK Jobless Claims

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

DISCLOSURES