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
  • 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:
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • Gold price action is primed for volatility next week with the Fed decision on deck. How real yields and the US Dollar react to fresh guidance from Fed officials will be key for gold outlook. Get your weekly gold forecast from @RichDvorakFX here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • Canadian Dollar snapped a three-week losing streak after USD/CAD stalled at key technical resistance. Get your CAD weekly forecast from @MBForex here:
Japanese Yen Little Moved by Unchanged Jobless Rate

Japanese Yen Little Moved by Unchanged Jobless Rate

Varun Jaitly,

Talking Points:

  • The Yen was little moved after Japan’s jobless rate was released
  • Unemployment held at 3.2% as expected, matching March’s data
  • Japan’s job-to-applicant ratio increased to 1.34 from 1.30 prior

Having trouble trading the Japanese Yen? This may be why.

The Japenese Yen saw little movement after April’s jobless rate crossed the wires. The unemployment rate came out at 3.2 percent, which was the same reading from March. The job-to-applicant ratio inched higher to 1.34 percent versus 1.30 percent expected and 1.30 percent in March.

The muted reaction from markets after the data release conveys a general sense of disregard for certain Japanese economic data. The Bank of Japan has been fighting a persistent threat of deflation for some time. This puts the spotlight on inflation-related economic newsflow coming out of country.

Meanwhile, the DailyFX Speculative Sentiment Index (SSI) is showing a reading of 1.42 following the announcement, meaning that for every trader short the USD/JPY, there are 1.42 on the long side. The SSI is a contrarian indicator, implying further USD/JPY weakness ahead.

Want to learn more about the DailyFX SSI indicator? Click here to watch a tutorial.

Japanese Yen Little Moved by Unchanged Jobless RateJapanese Yen Little Moved by Unchanged Jobless Rate

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