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.



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
Wall Street
More View more
Real Time News
  • Gold Prices Probe Barrier as Inflation Data Sinks the USD and Yields
  • The Indian Rupee rose as the Nifty 50 slightly fell after the RBI left benchmark rates unchanged despite recent weakening inflation and a massive fiscal spending plan. Will USD/INR bounce? Find out from @ddubrovskyFX here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.65%, while traders in France 40 are at opposite extremes with 80.44%. See the summary chart below and full details and charts on DailyFX:
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.50% 🇦🇺AUD: 0.26% 🇬🇧GBP: 0.16% 🇨🇭CHF: 0.11% 🇪🇺EUR: 0.10% 🇨🇦CAD: -0.02% View the performance of all markets via
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: France 40: 0.35% Germany 30: 0.04% US 500: 0.00% FTSE 100: -0.06% Wall Street: -0.08% View the performance of all markets via
  • British Pound Price Outlook: GBP/USD, GBP/JPY Poised to Extend Climb - $GBP $GBPUSD $GBPJPY
  • The US Dollar may extend gains against the Thai Baht. But, its price action within USD/SGD, USD/PHP and USD/IDR seem to be favoring more range-bound trading conditions. Get your market update from @ddubrovskyFX here:
  • Despite the rise in US inflation via CPI, the Dollar extended its slide. I'm dubious of the momentum there and the risk on response, but $USDJPY is well positioned for either outcome. Ahead, we have earnings, bank governors and the Senate discussing China
  • To be fair, crypto is broadly rising (Bitcoin, Etherium, Litecoin, etc), but Dogecoin is pacing the masses. Perhaps Cuban has finally taken the market influence title from Musk
  • RT @mcuban: FYI, the Mavs sales in @dogecoin have increased 550pct over the past month. We have now sold more than 122k Doge in merchandis…
Bundestag Approves Greece Bailout, ESM Agrees in Principle for Negotiations

Bundestag Approves Greece Bailout, ESM Agrees in Principle for Negotiations

Yash Gandhi,

Talking Points:

  • German parliament votes in favor of approved reforms for Greek bailout
  • ESM agrees in principle to bailout, mandates formal negotiations begin on MoU
  • European Council approves €7.16 Billion bridge financing – funds transferred Monday

The Bundestag cleared the final hurdle in beginning formal bailout negotiations by approving Greek reforms in exchange for an €86 Billion Euro-members package. Lawmakers voted 439-119 in favor for the deal shaped at last Sunday’s EU delegates’ summit. German Chancellor Angela Merkel stated ahead of the vote, “The alternative to this agreement would not be a ‘time out’ from the Euro… but rather predictable chaos.”

The Board of Governors of the European Stability Mechanism ratified a request to grant Greece aid. The country’s creditors will thereby begin discussing a Memorandum of Understanding (MoU) to outline macroeconomic reforms and policy conditionality on the reported €86 Billion loan. EC Vice President Valdis Dombrovskis said in his statement, bailout negotiations would be between Athens and the European Central Bank, International Monetary Fund, and Eurozone (collectively known as The Institutions).

As of yesterday morning, the EU agreed in principle to a bridge loan for Greece’s short-term financing. Dombrovskis confirmed the European Commission has agreed to send €7.16 Billion to Greece by Monday. The figure will allow Greece to make the critical ECB bond repayment of €3.5 Billion, and clear arrears with the International Monetary Fund on €2.01 Billion for two, separate missed payments.

As of Friday morning, EURUSD set its second consecutive monthly low in two days. Through the day, the EURUSD traded as low as 1.0830 - a new monthly low for a pair that is down significantly on the year and has fallen dramatically over the past 15 months. Even after encouraging news on a Greek bailout, fresh emergency liquidity for Greek banks, and a bridge loan, the Euro fails to find solid footing.

Euro Volatility is Easing, Yet EUR/USD Continues to Fall

Greece’s Calendar

Bundestag Approves Greece Bailout, ESM Agrees in Principle for Negotiations

What kind of Trading best suits you? Technical or Fundamental? Short-term or Long-term? Take our Trader Survey and find out.

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