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
Oil - US Crude
Wall Street
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
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.17%, while traders in Wall Street are at opposite extremes with 65.50%. See the summary chart below and full details and charts on DailyFX:
  • American Airlines say it is planning to furlough 19,000 employees after the government fails to pass its delayed fiscal stimulus follow up. United warned previously it could furlough 12,000 of its employees and Disney laid off 28,000 of its workers. #pandemic
  • GBP/USD was putting together a strong rally yesterday, but fizzled and put price closing in the bottom half of its daily range. Get your $GBPUSD technical analysis from @PaulRobinsonFX here:
  • The Tokyo Stock Exchange said before the opening bell on Thursday that it would suspend trading in all stocks, due to a glitch in its system to distribute market information -
  • What is seasonal change in volatility. Are we going through one right now? Find out:
  • 🇰🇷 Balance of Trade (SEP) Actual: $8.88B Previous: $3.84B
  • And so starts October: the peak of volatility as measured by the $VIX historically and the most active month according to $SPX volume
  • 🇰🇷 Exports YoY (SEP) Actual: 7.7% Expected: 2% Previous: -9.9%
  • 🇰🇷 Balance of Trade (SEP) Actual: $8.88B Previous: $3.84B
  • #ASX200 possibly carving out an Inverse Head and Shoulders reversal pattern above psychological support at 5,800 RSI suggests further gains are at hand if buyers can hurdle resistance at the 50-DMA (5878) $XJO $ASX
Euro Rises After Positive German Unemployment Data

Euro Rises After Positive German Unemployment Data

2015-10-29 09:50:00
Oded Shimoni, Junior Currency Analyst

Talking Points:

- The Euro rose 0.25% versus the US Dollar

- German Joblessness decreased by a seasonally adjusted 5k

- Unemployment rate unchanged at 6.4%

The Euro rose 0.25 percent versus the US Dollar after today’s German unemployment data showed joblessness declined by a seasonally adjusted 5,000 individuals, subsequently lowering the number of people unemployed, which now stands at 2.788 million. The number was above economist’s expectations for an increase of 4,000 individuals to the labor force. The unemployment rate remained unchanged at 6.4 percent, as expected.

The data might suggest that the German labor market remains healthy, despite the slowdown in China and emerging markets, which usually hurts German exports. The positive data comes a week after Mario Draghi’s dovish ECB press conference, in which he signaled that the ECB may extend or expand QE and might even cut the Eurozone’s deposit rate on deteriorating economic outlook. The data today initiated a break above the day’s prior high at around 1.09455, with major event risks still looming later today.

DailyFX Currency Strategist Ilya Spivak said today that an upside surprise in the US GDP figures might add to US Dollar gains, while below consensus German CPI data may initiate new selling pressure on the Euro.

Euro Rises After Positive German Unemployment Data

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