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
Mixed
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
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
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • 🇬🇧 Retail Sales ex Fuel YoY (MAR) Actual: 7.9% Expected: 4.5% Previous: -1.1% https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Public Sector Net Borrowing (MAR) Actual: £-28B Expected: £-22.5B Previous: £-16B https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Retail Sales YoY (MAR) Actual: 7.2% Expected: 3.5% Previous: -3.7% https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Retail Sales ex Fuel YoY (MAR) due at 06:00 GMT (15min) Expected: 4.5% Previous: -1.1% https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Retail Sales YoY (MAR) due at 06:00 GMT (15min) Expected: 3.5% Previous: -3.7% https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Public Sector Net Borrowing (MAR) due at 06:00 GMT (15min) Expected: £-22.5B Previous: £-19.1B https://www.dailyfx.com/economic-calendar#2021-04-23
  • Gold Prices Pause Rally as India's Covid Infections Surge, US Jobless Claims Fall https://www.dailyfx.com/forex/market_alert/2021/04/23/Gold-Prices-Pause-Rally-as-Indias-Covid-Infections-Surge-US-Jobless-Claims-Fall.html https://t.co/9RirRjOekY
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.68%, while traders in Germany 30 are at opposite extremes with 70.03%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/vbeOzxRu74
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.31% 🇨🇦CAD: 0.25% 🇬🇧GBP: 0.16% 🇪🇺EUR: 0.06% 🇯🇵JPY: 0.03% 🇨🇭CHF: -0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/zGpPWjlcZp
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: US 500: 0.20% Wall Street: 0.13% France 40: -0.18% FTSE 100: -0.36% Germany 30: -0.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/lm4CTJGA11
Forex News: German Industrial Production Rises for the First Time in 4 Months

Forex News: German Industrial Production Rises for the First Time in 4 Months

Benjamin Spier, Technical Strategist

THE TAKEAWAY: German industrial production rises 0.2% in November -> Consumer goods production drops 2.2% -> Euro trading unchanged

German industrial production rose for the first time in four months in November, according to the Economy Ministry. Production was up 0.2%, less than the expected 1.0% rise in industrial production but better than October’s revised 2% decline. Industrial production is 2.9% lower than November 2011.

In November, consumer goods production declined 2.2% and energy output declined 3.3%, but manufacturing output rose 0.4%. The Economy Minister said they see Q4 output below Q3 levels, but better industrial production in 2013.

Industrial production made up 28.6% of the German GDP in 2011, so a rise in production could be a good sign for the Euro-zone’s biggest economy. A rebound in the German economy would be Euro positive.

However, the Euro did not significantly react to the worse than expected industrial production. The Euro continues to trade above 1.3000 against the US Dollar in Forex markets, as the key figure could continue to provide support. EURUSD may see resistance at 1.3158, where some resistance has been provided over the past few months.

EURUSD Daily: January 9, 2013

German_Industrial_Production_Rises_for_the_First_Time_in_4_Months_body_eurusd_daily_chart.png, Forex News: German Industrial Production Rises for the First Time in 4 Months

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

DISCLOSURES