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
Bearish
Wall Street
Bearish
Gold
Bearish
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Deeper losses in gold prices towards 1763.36 can’t be ruled out in the near-term. Get your $XAUUSD market update from @CVecchioFX here:https://t.co/tIoQ10Ox4g https://t.co/FXACtXI84s
  • The New Zealand Dollar is not a major I've been talking about frequently of late, but it is carving out one of the most impressively consistent trends among the standard FX crew. Impressive $NZDUSD weekly technicals and COT net spec positioning: https://t.co/PzxFCCiMm2
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.39% 🇨🇭CHF: 0.31% 🇬🇧GBP: 0.20% 🇦🇺AUD: 0.07% 🇯🇵JPY: -0.03% 🇨🇦CAD: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/MTHtFXyiUS
  • A weekly chart of crude oil looks favorable for bulls, but this four-week charge has some serious fundamental headwinds in the headlines. Reports that even OPEC is concerned about the commodity's outlook https://t.co/w7mioBXi8o
  • 🇳🇿 Balance of Trade (OCT) Actual: N$-1M Previous: N$-1017M https://www.dailyfx.com/economic-calendar#2020-11-25
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Silver: 0.27% Oil - US Crude: 0.17% Gold: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/qGMTFE8HeL
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 94.67%, while traders in EUR/USD are at opposite extremes with 74.23%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/BOpeubJFYh
  • Heads Up:🇳🇿 Balance of Trade (OCT) due at 21:45 GMT (15min) Previous: N$-1017M https://www.dailyfx.com/economic-calendar#2020-11-25
  • USD/CAD is trading into the key support at the objective yearly open – looking for a reaction down here. Get your $USDCAD technical analysis from @MBForex here: https://t.co/3fFRjsjLYM https://t.co/EllLEN3yG2
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.04% France 40: 0.03% US 500: -0.03% Wall Street: -0.04% Germany 30: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/B3IpY9dzzL
Yen Falls Despite Strong Consumer Confidence, Keeps Tracking Nikkei 225

Yen Falls Despite Strong Consumer Confidence, Keeps Tracking Nikkei 225

2013-10-10 09:14:00
Cecilia Sanchez-Corona,
Share:

Talking Points:

  • Japan’s Consumer Confidence Index advanced for the first time in four months
  • Market focuses on possible US budget deal
  • Japanese Yen underperforms as Nikkei advances

Want to trade with proprietary strategies developed by FXCM? Find out how here.

Japan’s Consumer Confidence Index advanced to 45.4 in September from 43.0 in August, beating market expectations of an increase to 43.5 and rising for the first time in four months. The survey showed improvements in all of its sub-indexes, with the “willingness to buy durable goods” and “employment” indicators proving to be most optimistic. They rose to 47.0 and 51.7 respectively up from 44.3 and 46.9. The Cabinet Office also upgraded its assessment on consumer sentiment to “improving” from “stalling”.

The Japanese Yen disregarded domestic economic data once again as all eyes focused on a possible deal between US lawmakers to approve a short-term increase of the debt ceiling. Investors cheered on the possibility of an end to the US government shutdown, with Japan’s Nikkei 225 stock index closing up 1.12 percent while the Japanese Yen underperformed amid waning safe-haven demand.

New to Forex? Watch this video

USDJPY 5 Min: Oct 10, 2013

Yen_Falls_Despite_Strong_Consumer_Confidence_Keeps_Tracking_Nikkei_225_body_Picture_1.png, Yen Falls Despite Strong Consumer Confidence, Keeps Tracking Nikkei 225

Chart created byCecilia Sanchez-Corona using Marketscope 2.0

-- Written by Cecilia Sanchez-Corona, DailyFX Research. Feedback can be sent to instructor@dailyfx.com

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

DISCLOSURES