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
Bearish
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.25% US 500: -0.30% Germany 30: -0.45% France 40: -0.65% FTSE 100: -0.72% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/e4UVs9zs2k
  • 🇫🇷 Balance of Trade (JAN) Actual: €-3.95B Previous: €-3.39B https://www.dailyfx.com/economic-calendar#2021-03-05
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here: https://t.co/nAa0fHHGbZ https://t.co/pBlhEa03sI
  • Heads Up:🇫🇷 Balance of Trade (JAN) due at 07:45 GMT (15min) Previous: €-3.39B https://www.dailyfx.com/economic-calendar#2021-03-05
  • China Foreign Ministry Spokesman Wang Wenbin: Fighting virus requires solidarity, nations to cooperate China, US should cooperate to counter virus - BBG
  • (Commodities Briefing) Gold Prices at Risk as Crude Oil Benefits from Surprise OPEC+ Output Hold #Gold #CrudeOil #OPEC #nfp https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/03/05/Gold-Prices-at-Risk-as-Crude-Oil-Benefits-from-Surprise-OPEC-Output-Hold.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/7MckHTReTu
  • The New Zealand Dollar may resume its broader uptrend, with NZD/USD and NZD/JPY eyeing key rising support. NZD/CAD and NZD/CHF appear to have more room for near-term losses, however.Get your market update from @ddubrovskyFX here:https://t.co/6hD7zsNHIh https://t.co/zYKUh6mVj1
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.87%, while traders in Germany 30 are at opposite extremes with 66.27%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/rNFAg78N7v
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.00% 🇨🇭CHF: -0.04% 🇯🇵JPY: -0.07% 🇪🇺EUR: -0.11% 🇦🇺AUD: -0.19% 🇳🇿NZD: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/hpiN5FbuNz
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.32% US 500: -0.38% Germany 30: -0.65% France 40: -0.80% FTSE 100: -0.89% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/B19fwTOt3O
Euro Falls on Building Greece Instability Concerns Before Election

Euro Falls on Building Greece Instability Concerns Before Election

Shawn Jagpal,

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

Talking Points:

  • Euro Falls on Building Greece Instability Fears Before Jan 25 Election
  • EURUSD Falls Below 1.1900 Figure For the First Time Since 2006
  • Follow the Latest Market Developments with the Real Time News Feed

A poll conducted by the Rass polling agency shows that the Syriza party is leading the ruling New Democracy party by 3.1 percentage points. The snap election on January 25 comes after the government failed to elect the new head of state. The Syriza party has said it wants to roll back some of the austerity measures imposed by the IMF and the EU as part of Greece’s bailout agreement. The markets are concerned that a Syriza victory will fuel renewed Greek sovereign debt problems which may – in the worst case scenario – lead to the country’s exit from the Eurozone.

The Euro fell against the major currencies after the polling data crossed the wires. EURUSD fell below 1.20 for the first time since March 2010. The currency pair fell to 1.1860, the lowest since 2006 before recovering to 1.19.

Euro Falls on Building Greece Instability Concerns Before Election

EUR/USD – 5min Chart – Created Using FXCM Marketscope

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

DISCLOSURES