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
Bullish
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
Bullish
Wall Street
Bullish
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
Bearish
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
More View more
Real Time News
  • while compared to MRNA vaccines, risk of rare blood clotting from Covid-19 is 10x greater
  • Oxford Uni finds that compared to AZ-Oxford vaccine, risk of rare blood clotting from Covid-19 is about 8x greater
  • Please join @PaulRobinsonFX at 6:00 EST/10:00 GMT for a webinar on how you can become a better trader in current markets. Register here: https://t.co/XO3SOn8u43 https://t.co/1AO0tXYz7L
  • Heads Up:🇬🇷 Unemployment Rate (JAN) due at 09:00 GMT (15min) Previous: 15.8% https://www.dailyfx.com/economic-calendar#2021-04-15
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here: https://t.co/7t4BzmLg8w https://t.co/q7YCOo8DM1
  • US Dollar Looks to Retail Sales, Jobless Claims Data for a Lifeline - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/04/15/US-Dollar-Looks-to-Retail-Sales-Jobless-Claims-Data-for-a-Lifeline.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #dollar #retailsales #joblessclaims https://t.co/vJVKJ5P92g
  • Heads Up:🇬🇧 BoE Credit Conditions Survey due at 08:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-04-15
  • 🇪🇸 Balance of Trade (FEB) Actual: €-1.082B Previous: €-1.769B https://www.dailyfx.com/economic-calendar#2021-04-15
  • 🇮🇹 Inflation Rate YoY Final (MAR) Actual: 0.8% Expected: 0.8% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-04-15
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.93%, while traders in France 40 are at opposite extremes with 75.22%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/F80m5ro5O1
ECB’s Policy Measures Kick In, Eurozone Outperforms Says Sentix

ECB’s Policy Measures Kick In, Eurozone Outperforms Says Sentix

Oded Shimoni, Junior Currency Analyst

Talking Points:

- Sentix Investor Confidence Index rose to 15.7 from the prior 15.1, but below expectations

- Sentix indicator for the bond market slides to -16.5 indicating that stronger inflation is expected

- Sentix say ECB’s policy measures cause the Eurozone to outperform

Sentix Investor confidence Index gained +0.6 in December to reach +15.7, which marked a 4 month high. The index rose above the November +15.1 reading, but was below economists’ expectations for a rise to +17.0. The survey showed a decrease in the “Current Situation” result, down to +13.5 from the prior +16.0, but an uptick in “Expectations”; up to +18.0 from the prior +14.3, which led to the overall rise in the index. The Sentix Investor Confidence Index rates the six-month economic outlook for the Euro-Zone, surveyed from registered investors and analysts. A reading above zero indicates optimism, while a reading below zero indicates pessimism. 1052 investors took part in the survey which also included responses after the ECB meeting on Thursday.

Even though the index was below economists’ forecast, Sentix sounded upbeat about the Eurozone’s economy. Looking into the report, Sentix said that the Eurozone outperformed other world regions because of the positive impact of the ECB’s monetary policy, while the remaining world regions show signs of a slowdown. According to the report the Eurozone’s economy is in the “boom” faze (according to the principle of the “economy clock”). Sentix said that the explanation to the rise in the Eurozone, contrary to the global trend, should be found in Draghi’s “whatever it takes” rhetoric, which investors seemed to have embraced. Sentix further commented on the ECB’s monetary policy, saying that flooding the market with cheap cash gradually loses its appeal, but market participants expect inflation rates to go as the sentix indicator for the bond market dropped to -16.5.

DailyFX Currency Strategist Christopher Vecchio recently said that in the short-term, it’s likely that traders will reduce extreme positioning further in EUR and USD pairs, going into the Federal Reserve’s December 16 meeting.

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

DISCLOSURES