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
Bearish
Wall Street
Bullish
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
Bearish
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • Mircosoft Earnings 2Q Revenues: $43.08 B, EST. $40.20 B EPS: $2.03 act. vs $1.64 est. $MSFT 246.46 +7.19%
  • So among those joining the fight against the short sellers, is there a hierarchy of virtue such as those buying shares seen as true believers versus those buying up OTM calls as more moral support?
  • Bitcoin Breakdown: Has Everyone Went to Gamestop? https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2021/01/26/Bitcoin-Breakdown-BTC-BTCUSD-Has-Everyone-Went-to-Gamestop.html #Bitcoin https://t.co/KUbaLi5h1u
  • 🇰🇷 Consumer Confidence (JAN) Actual: 95.4 Expected: 93.6 Previous: 89.8 https://www.dailyfx.com/economic-calendar#2021-01-26
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: France 40: 0.07% Germany 30: 0.02% Wall Street: -0.00% US 500: -0.01% FTSE 100: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/MHMa0C4aQ5
  • Sterling stronger, approaching a new post-Brexit high against the Dollar $GBP $USD https://t.co/K9WfgwmPHo
  • Heads Up:🇰🇷 Consumer Confidence (JAN) due at 21:00 GMT (15min) Expected: 93.6 Previous: 89.8 https://www.dailyfx.com/economic-calendar#2021-01-26
  • US Dollar weaker as investors embrace risk-on sentiment ahead of mega-cap tech earnings $USD $DXY $NDX https://t.co/Ajt6zqNUW5
  • US Dollar weaker as investors embrace risk-off sentiment ahead of big tech earnings $USD $DXY https://t.co/An4Aks98Xp
  • Although US Treasury yields have risen in recent weeks, 4Q’20 growth expectations have slid. A double dip recession may or may not be avoided in 1Q’21, depending upon the timing of US fiscal stimulus. Get your market update from @CVecchioFX here:https://t.co/8x1RGMdgI2 https://t.co/mdHE4QpRqe
Forex News: Aussie Little Changed as 3Q GDP Met Expectations

Forex News: Aussie Little Changed as 3Q GDP Met Expectations

Gary Kerdus,

THE TAKEAWAY: Australian 3Q GDP grew in-line with expectations at 0.6 percent on a quarterly basis > FX traders may focus greater attention to risk trends as rate cuts and moderate growth produce little volatility > Aussie unchanged

The Australian Dollar was little changed as third quarter gross domestic product posted in-line with expectations at 0.6 percent growth on a quarterly basis and 3.1 percent growth on a yearly measure. Today’s release came just one trading day after the Reserve Bank of Australia reduced its benchmark lending rate which was also highly anticipated and, like today’s in-line GDP release, also produced no meaningful market movement.

Forex traders appear little affected after the Aussie’s most attractive yield feature has been reduced and growth has not been particularly robust as of late. However, FX markets may begin to pay greater attention to risk sentiment trends as measured by changes in U.S. equity indicies as price action on the S&P 500 suggests risk appetite trends may find a bit of resistance.

AUD/USD, 1 Minute Chart

Forex_News_Aussie_Little_Changed_as_3Q_GDP_Met_Expectations_body_Picture_1.png, Forex News: Aussie Little Changed as 3Q GDP Met Expectations

S&P 500, Daily Chart

Forex_News_Aussie_Little_Changed_as_3Q_GDP_Met_Expectations_body_Picture_4.png, Forex News: Aussie Little Changed as 3Q GDP Met ExpectationsForex_News_Aussie_Little_Changed_as_3Q_GDP_Met_Expectations_body_Picture_7.png, Forex News: Aussie Little Changed as 3Q GDP Met Expectations

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

DISCLOSURES