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
EUR/USD
Bearish
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
Mixed
Gold
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
GBP/USD
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
USD/JPY
Bullish
More View more
Real Time News
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.64% 🇦🇺AUD: 0.51% 🇬🇧GBP: 0.40% 🇯🇵JPY: 0.10% 🇨🇭CHF: 0.07% 🇪🇺EUR: 0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/QAhXdDRIfi
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.49% US 500: 0.42% FTSE 100: 0.34% Germany 30: 0.28% France 40: 0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/eQC60R71rR
  • $EURUSD Rates May Extend Slide Lower on #Covid_19 #SecondWave Fears ⬇️ https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2020/09/25/EURUSD-Rates-May-Extend-Slide-Lower-on-Covid-19-Second-Wave-Fears-.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr https://t.co/eWYXYmWLPm
  • 🇬🇧 Public Sector Net Borrowing (AUG) Actual: £-35.2B Expected: £-35.1B Previous: £-15.44B https://www.dailyfx.com/economic-calendar#2020-09-25
  • Have you been catching on your @DailyFX podcast "Global Markets Decoded"? Catch up on them now, before new episodes release! https://t.co/Twr44cZ1GB https://t.co/oqbtFfeo4K
  • 🇬🇧 Public Sector Net Borrowing (AUG) Actual: £-35.92B Expected: £-35.1B Previous: £-15.44B https://www.dailyfx.com/economic-calendar#2020-09-25
  • The US Dollar, British Pound, and Euro will all be closely watching key geopolitical developments in North America (Powell testimony), the UK (Brexit talks) and Europe (EU summit). Get your market update from @ZabelinDimitri here:https://t.co/q4AJW6PTCu https://t.co/w6ETarBuNl
  • Heads Up:🇬🇧 Public Sector Net Borrowing (AUG) due at 06:00 GMT (15min) Expected: £-35.1B Previous: £-25.9B https://www.dailyfx.com/economic-calendar#2020-09-25
  • $EURUSD break below the neckline of a 2-month Head and Shoulders pattern suggests that a test of the 200-MA could be on the cards. However, with support holding at the 38.2% Fib and the RSI swerving away from oversold territory, could this prove to be a mere false-break? $EUR https://t.co/ZIiVc4gAyP
  • Following recent price action and developing technical patterns, $USDINR may rise while the #nifty50 could be at risk to further losses. Check out my full technical report here - https://www.dailyfx.com/forex/technical/article/special_report/2020/09/25/Indian-Rupee-Nifty-50-Technical-View-USDINR-May-Rise-as-Index-Falls.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/faEdOS8aMA
Australian Dollar  Falls as Chinese PMI Data Falls Short of Expectations

Australian Dollar Falls as Chinese PMI Data Falls Short of Expectations

2014-02-20 03:27:00
Daniel Giardina,
Share:

Talking Points:

The Australian Dollar dropped after HSBC reported its Flash Manufacturing PMI gauge came in at 48.3 in February, below estimates calling for a print at 49.5 and down from 49.5 recorded in January. The Aussie dropped 60 pips from 0.9012 to 0.8949, reversing its gains from earlier in the week.

A contraction in manufacturing in the world’s second-largest economy solidifies evidence that a slowdown has continued into 2014. Australia is China’s biggest trading partner and weaker demand from the East Asian giant threatens to undermine demand for the pivotal mining sector, fueling bets that the RBA won’t hike interest rates again in the near term.

AUD/USD (5min Chart) - Created with Marketscope 2.0 by Daniel Giardina

Australian_Dollar__Falls_as_Chinese_PMI_Data_Falls_Short_of_Expectations_body_China_PMI_220.png, Australian Dollar  Falls as Chinese PMI Data Falls Short of Expectations

Written By Daniel Giardina, any suggestions, feedback, or comments please email instructor@dailyfx.com

Get Real-Time Feedback on Your Trades with DailyFX on Demand!

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

DISCLOSURES