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
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
Oil - US Crude
Bullish
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
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • 🇪🇸 Balance of Trade (FEB) Actual: €-1.082B Previous: €-1.769B https://www.dailyfx.com/economic-calendar#2021-04-15
  • 🇮🇹 Inflation Rate YoY Final (MAR) Actual: 0.8% Expected: 0.8% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-04-15
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.93%, while traders in France 40 are at opposite extremes with 75.22%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/F80m5ro5O1
  • Heads Up:🇪🇸 Balance of Trade (FEB) due at 08:00 GMT (15min) Previous: €-1.769B https://www.dailyfx.com/economic-calendar#2021-04-15
  • Heads Up:🇮🇹 Inflation Rate YoY Final (MAR) due at 08:00 GMT (15min) Expected: 0.8% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-04-15
  • German Health Minister says Germany will have 20% of population vaccinated by the end of April $EUR
  • $NZD at a 3-1/2 week high, paring the drop that stemmed from recently announced NZ housing measures https://t.co/ocdA74ucmI
  • (Oil Briefing) Crude Oil Price Outlook: Aiming for February Peak Ahead of US Retail Sales #CrudeOil #WTI #EIA https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/04/15/Crude-Oil-Price-Outlook-Aiming-for-February-Peak-Ahead-of-US-Retail-Sales.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/ynLW9Tlcyt
  • The Dow Jones Industrial Average of blue-chip stocks is likely to outperform the tech-heavy Nasdaq 100 if worries about inflation force the Fed to trim stimulus sooner than expected. Get your market update from @IlyaSpivak here:https://t.co/G0F0MUOOtw https://t.co/uNqlJSvjho
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: 0.61% Silver: 0.54% Oil - US Crude: -0.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/iWYOaOWZCE
Australian Dollar Falls as China PMI Disappoints

Australian Dollar Falls as China PMI Disappoints

Christopher Almeida,
Australian_Dollar_Falls_as_China_PMI_Disappoints_body_china_pmi_april_23_2013.png, Australian Dollar Falls as China PMI Disappoints

Created Using Marketscope 2.0

THE TAKEAWAY: The Australian Dollar fell against the U.S. Dollar as the China HSBC Manufacturing PMI disappointed investors with a print of 50.5 versus a previous value of 51.6.

The HSBC PMI Index is a composite indicator which aims to provide an overall view of activity in the manufacturing sector and acts as a leading indicator for the economy. Ahead of the announcement, economists were expecting a value of 51.5 only slightly less than the previous months print of 51.6. The Australian Dollar has been under pressure recently, as comments from the RBA have indicated that there is still scope for easing even if previous rate cuts are still permeating the economy.

The so called ‘Aussie’ was weaker ahead of the announcement as traders turned their attention to the relatively soft data that China released last week as a potential gauge for the PMI. China is Australia’s largest two-way trading partner and when the PMI release disappointed, the Australian Dollar fell sharply as investors speculated that the Dollar would head lower as the mining boom slows, and China growth concerns resurfaced. After a high of around 1.0306 early in the week, the Aussie trended lower to 1.0250, then dropped sharply to 1.0226 on the release.

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

DISCLOSURES