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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
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
  • #Bitcoin back above $40,000
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.26% Silver: 0.06% Gold: -0.28% View the performance of all markets via
  • Bitcoin breaking out of its recent range, now eyeing the June swing-high above $40,000 $BTCUSD #Bitcoin
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.89%, while traders in Wall Street are at opposite extremes with 74.76%. See the summary chart below and full details and charts on DailyFX:
  • DAX broke wedge formation, testing March trend-line. CAC bias looking lower yet after initial bounce. Get your market update from @PaulRobinsonFX here:
  • New Zealand #Dollar Forecast: $NZDUSD at Technical Support- #Fed on Tap-
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.13% France 40: 0.13% US 500: 0.10% FTSE 100: 0.01% Germany 30: 0.01% View the performance of all markets via
  • White House: - No sign yet that the Delta variant has had an economic impact in the US - Mask guidance to be determined at the local level
  • The final week of July brings forth a packed economic calendar – particularly for the US Dollar: June durable goods orders; July consumer confidence; the July FOMC meeting; and 2Q’21 US GDP. Get your market update from @CVecchioFX here:
  • There is a creep of uncertainty with the rise of the Delita variant and the slowing of the economic recovery. Our DFX analysts give you an updated analysis of the top opportunities for Q3👉
US Dollar Rally Nicked by Mixed September Retail Sales

US Dollar Rally Nicked by Mixed September Retail Sales

Christopher Vecchio, CFA, Senior Strategist

Talking Points:

- First contraction in Advance Retail Sales in 2013.

- Decline suggests that consumers curtailed spending ahead of government shutdown.

- US Dollar edges higher against Yen, but weakens elsewhere.

Risk-appetite has improved ahead of the US cash equity open on the back of mixed US consumption data, which has proven both positive and negative for the US Dollar. On the headlines, the Advance Retail Sales report for September was a touch weaker than expected, yet there was no major fallout ahead of the US government shutdown. Nevertheless, the data showed that consumption – the backbone of the US economy – is starting to slow.

The data hasn’t been too USD-negative thus far; it seems that market participants, in the back of their minds, collectively believed that the sales report might have been worse off than forecasts called for. Yet the data points to a weaker US economy, helping support the idea that the Federal Reserve will maintain its expansive QE3 program.

Here’s the data:

- Advance Retail Sales (SEP): -0.1% versus 0.0% expected, from +0.2% (m/m).

- Retail Sales ex Auto (SEP): +0.4% as expected, from +0.1% (m/m).

- Retail Sales ex Auto & Gas (SEP): +0.5% versus +0.4% expected, from +0.2% (m/m).

AUDUSD 1-minute Chart: October 29, 2013

Mixed_Retail_Sales_Offer_Pause_in_USD_Selling_JPY_Buying__body_x0000_i1027.png, US Dollar Rally Nicked by Mixed September Retail Sales

Charts Created using Marketscopeprepared by Christopher Vecchio

Following the US consumption data, the USDJPY initially rallied from ¥97.87 to as high as 97.99, but was trading back at 97.92, at the time this report was written. Similar price action was observed elsewhere, with the AUDUSD trading from $0.9493 to as high as 0.9502 and as low as 0.9486.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form

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