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.

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
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
Oil - US Crude
Bearish
Wall Street
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
Gold
Mixed
GBP/USD
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
USD/JPY
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
More View more
Real Time News
  • Singapore's Straits Times Index plunged over 2% after the government tightened Covid-related restrictions. https://t.co/pSBPfZPTPP
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9Flsqcxo9 https://t.co/xyCBWO9Kqm
  • Heads Up:🇫🇷 Unemployment Rate (Q1) due at 05:30 GMT (15min) Previous: 8% https://www.dailyfx.com/economic-calendar#2021-05-14
  • (Commodities Briefing) Gold Price Forecast: Will XAU/USD Shrug off a Higher US Retail Sales Outcome? #Gold #XAUUSD https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/05/14/Gold-Price-Forecast-Will-XAUUSD-Shrug-off-a-Higher-US-Retail-Sales-Outcome.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/v4b3T9PWcG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.08%, while traders in France 40 are at opposite extremes with 70.81%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/15tLCxUZn4
  • Trading Forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. Learn about these principles in depth here: https://t.co/lZFM8youtX https://t.co/jF2isjXGba
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.07% 🇨🇭CHF: 0.05% 🇦🇺AUD: -0.00% 🇨🇦CAD: -0.06% 🇳🇿NZD: -0.07% 🇯🇵JPY: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/B0rRcDvXfo
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: France 40: 0.73% Germany 30: 0.71% FTSE 100: 0.67% US 500: 0.48% Wall Street: 0.40% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/6Ds7o5Hf8V
  • The buy-the-dip crowd stepped in to keep the likes of the Nasdaq from tipping critical breaks this past session post CPI. The Dollar held onto its gains a bit better. Watching $USDCAD as a run of US data weighs in on the chance for a climb: https://www.dailyfx.com/forex/video/daily_news_report/2021/05/14/Nasdaq-Drawn-Between-Buy-the-Dip-and-Inflation-Fears-Dollar-Hits-Another-Wave.html https://t.co/T0d7cQUg8j
  • The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central Bank. Get your market update here:https://t.co/BKjG92HWzX https://t.co/8MhgacRMO9
Sweden: Wrap-Up and Look Ahead (March 23-27)

Sweden: Wrap-Up and Look Ahead (March 23-27)

Kara Dailey,

Talking Points:

  • Riksbank cut the Repo Rate to -0.25% in conjunction with a SEK 30 billion QE Program
  • EUR/SEK pair initially appreciated 2.2%, before finding resistance
  • Directional movements will next be guided by the Economic Tendency Survey and PPI

On Wednesday March 18th, the Riksbank further deepened the Repo Rate, lowering it by 15 basis points to -0.25%. Taking effect on March 25th, the overnight rate is said to be accompanied by a bond purchase program in the amount of SEK 30 billion. The decision was designed to encourage an upward movement in inflation and was motivated by fluctuations in the FX market; particularly, with regard to the recent appreciation of the Krona.

In response to the decision, the Euro immediately appreciated against the Krona with the pair advancing by 2.2%. In determining whether the krona’s weakness can be sustained, traders will look to additional data set to be released this week, pertaining to price levels and economic sentiment.

Thus, looking forward at the week ahead, the Krona will likely be affected by the following Events:

Release Date

Release Time

Event

Date

Reporting Agency

March 25th

08:00 GMT

Economic Tendency Survey

MAR

NIER

March 26th

08:30 GMT

PPI (YoY)

FEB

Statistics Sweden

March 27th

08:30 GMT

Retail Sales

(MoM)

FEB

Statistics Sweden

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

DISCLOSURES