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.

Free Trading Guides
EUR/USD
Bullish
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
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
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • archive of today's webinar ready to go https://t.co/dCPU3X7BvY
  • Trump says virus vaccines and remedies are going to be here 'very shortly' - BBG
  • Heads Up:🇰🇷 Business Confidence due at 21:00 GMT (15min) Previous: 52 https://www.dailyfx.com/economic-calendar#2020-05-26
  • Heads Up:🇨🇦 BoC Gov Poloz Speech due at 21:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-05-26
  • EUR/USD has rallied the best part of one big figure so far today and nears important resistance around the 1.1000/1.1020 area. Get your $EURUSD technical analysis from @nickcawley1 here: https://t.co/dJ1UzJSqHR https://t.co/1nHWYmdbIH
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 0.04% Oil - US Crude: -0.31% Gold: -1.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/RD0ZDklJrB
  • $USDJPY Daily Pivot Points: S3: 107.5 S2: 107.6 S1: 107.67 R1: 107.78 R2: 107.82 R3: 107.93 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.52%, while traders in US 500 are at opposite extremes with 74.89%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Cb59EaWZI5
  • CBOE to reopen trading floor in Chicago on June 8 - BBG
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: 0.05% Wall Street: 0.03% FTSE 100: -0.18% Germany 30: -0.56% France 40: -0.59% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/iMKNuZrELx
Euro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit Fears

Euro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit Fears

2016-06-20 00:05:00
Varun Jaitly,
Share:

Talking Points:

  • Euro, Pound and risk-on FX gap higher, Yen drops after latest UK “Brexit” polling
  • Survation, YouGov and Opinium release polls showing growing “Remain” support
  • UK EU membership referendum in 4 days, will see more polls released prior to vote

Having trouble trading in the FX markets? This may be why.

Currency markets opened with noteworthy gaps for the major currencies. The Euro, Pound and risk-on currencies including the Australian, Canadian and New Zealand Dollars opened higher. The anti-risk Japanese Yen, Swiss Franc and US Dollar declined. These gaps are likely due to the most recent “Brexit” polling data released over the weekend. The polls released by Survation, YouGov and Opinium showed a sentiment shift back in favor of the “Remain” camp.

Polls from the weeks prior by the same agencies showed the “Leave” campaign leading by 2 to 3 percent. The shift in sentiment prior to the Brexit referendum vote on June 23rd is likely driving market optimism because a “Remain” vote would spare investors having to account for the inherent uncertainty in pricing in the unprecedented scenario of secession by an EU member state. Polling agencies will conduct some final surveys in the days leading up to the vote. A survey from ICM is due on Monday, ORB will publish a poll on Tuesday and Opinium is up on Wednesday.

Euro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit FearsEuro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit FearsEuro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit FearsEuro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit Fears

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

DISCLOSURES

News & Analysis at your fingertips.