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
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the potential for volatility is heightened. Get your stock market forecast from @PeterHanksFX here:
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here:
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here:
  • The US Dollar Index traded higher last week, sustaining its broader uptrend. Conflicting technical signals urge caution, but the directional bias remains skewed to the upside. Get your weekly USD technical forecast from @FxWestwater here:
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
  • The Australian Dollar still remains vulnerable as it extends losses against its major counterparts. What is the road ahead for AUD/USD, AUD/JPY, AUD/NZD and AUD/CAD? Get your AUD technical forecast from @ddubrovskyFX here:
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Learn about the importance of the ISM manufacturing index here:
  • Take a closer look visually at the most influential global importers and exporters here:
  • EUR/USD tumbled last week on the day of the ECB’s latest policy announcement, and that weakness is set to continue this week as a flood of major Eurozone economic statistics is released. Get your weekly Euro forecast from @MartinSEssex here:
USD/SGD Rises Despite Optimistic Export Announcement

USD/SGD Rises Despite Optimistic Export Announcement

Michael Romero,

Talking Points:

• NODX Expands Dramatically Despite Analysts’ Prediction.

• Electronic and Non-Electronic Exports Cause Growth.

USD/SGD Strengthens Following Export Data.

Singapore exports made a huge turnaround in December of 2014 according to the Department of Statistics for Singapore. On a year-on-year basis, non-oil domestic exports (NODX) expanded by 2.30 percent, outpacing leading economists’ expectations of -2.20 percent, and December 2013’s figure of 0.80 percent. The rise in exports stemmed mainly from an increase in both electronics and non-electronic NODX. Electronic exports year-on-year for December of 2014 crossed the wire at 0.40 percent, a huge improvement from leading analysts’ expectations of -9.00 percent and December 2013’s reading of -10.20 percent. Month-on-month data for NODX registered at 0.10 percent, beating economists’ expectations of -1.60 percent, however down from November 2014’s reading of 2.10 percent.

On a year-on-year basis, NODX increased to all of the top 10 markets, minus China, the US, Japan, and Indonesia. The three largest contributors to the NODX expansion were South Korea, Malaysia and the EU. Electronic products year-on-year rose 0.40 percent for December 2014 as opposed to the 10.20 percent drop in the previous month. Telecommunications equipment increased 64.50 percent, followed by PCs with 12.70 percent, and ICs at 12.60 percent. Non-electronic products on the other hand expanded by 3.2 percent due to a rise in specialized machinery 25.9 percent, food preparations 54.8 percent and non-electronic engines and motors 278.2 percent.

USD/SGD Rises Despite Optimistic Export Announcement

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