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
EUR/USD
Bullish
Oil - US Crude
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
Wall Street
Bullish
Gold
Bearish
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
Mixed
USD/JPY
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
More View more
Real Time News
  • Join @CVecchioFX 's #webinar at 7:30 AM ET/11:30 AM GMT for your weekly update on the world's most influential central banks. Register here: https://t.co/xCF8skC3Bz https://t.co/1YuxYMDLaY
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 3.07% Gold: 0.52% Oil - US Crude: -0.87% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/g9OjizhyGb
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.51% 🇯🇵JPY: 0.08% 🇨🇭CHF: 0.04% 🇳🇿NZD: 0.00% 🇪🇺EUR: -0.02% 🇨🇦CAD: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/k8vBqgtTyX
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/S9CEcBm5Qe https://t.co/Dl0XNLJ8FM
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.13% Wall Street: 0.10% US 500: -0.01% France 40: -0.39% FTSE 100: -1.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/hPEruv9ifF
  • It was quite telling that during the Q1 crash, no central bank with negative rates went deeper into negative territory https://t.co/8TFclrghkE
  • Nothing like a good old August melt-up in $USDTRY - Reminder, next Turkish Central Bank Rate Decision is scheduled for Aug 20th - Record high 7.26 https://t.co/yhyBZ3qZCJ
  • Gold Price Surge May Be Losing Steam, US Fiscal Stimulus Eyed - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/08/06/Gold-Price-Surge-May-Be-Losing-Steam-US-Fiscal-Stimulus-Eyed.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #XAUUSD #gold #stimulus https://t.co/fBBfTC9nvW
  • BoE Governor Bailey says negative rates are in the toolkit, but it is not in the current plan to use them $GBP
  • Emotions are often a key driving force behind #FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:https://t.co/eILWbFgHRE https://t.co/CVJCHaxfJs
Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

2016-06-25 04:59:00
Daniel Dubrovsky, Analyst
Share:

Talking Points

Having trouble trading in such volatile market conditions? This may be why.

The United Kingdom decided through referendum to separate from the European Unionon June 23rd. This unprecedented event resulted in extreme market reactions across the board. British Pound crosses, such as GBP/USD and GBP/JPY, experienced record-breaking moves and ranges. Meanwhile, stock indexes such as the Nikkei 225 index, saw daily changes and ranges at scales not seen in years. The charts below show just how much a scar the “Brexit” vote left on the markets in just one day.

GBP/USD

06/24/2016: 8.1 percent decline, largest on record. 12.0 percent range, widest daily range on record.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

GBP/JPY

06/24/2016: 11.4 percent decline, largest on record. 17.0 percent range, widest daily range on record.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

USD/JPY

06/24/2016: 3.7% decline, largest since October 1998. 7.4 percent range, biggest range since October 1998.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

S&P 500 Index

06/24/2016: 3.6 percent decline, largest since August 2015. 3.4 percent range, widest daily range since January.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

FTSE 100 Index

06/24/2016: 3.1 percent decline, largest since January. 8.7 percent range, widest daily range since October 2008.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Euro Stoxx 50 Index

06/24/2016: 8.6 percent decline, largest on record. 9.7 percent range, widest daily range since October 2008.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Nikkei 225 Index

06/24/2016: 7.9 percent decline, largest since March 2011. 9.4 percent range, widest daily range since March 2011.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

VIX Index

06/24/2016: 47 percent gain, largest since August 2011. 39.2 percent range, widest daily range since August 2015.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Gold

06/24/2016: 4.9 percent gain, largest since December 2008. 8.6 percent range, widest daily range since April 2013.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

US Dollar Index(ICE)

06/24/2016: 2.1 percent gain, largest since December 2008. 3.2 percent range, widest daily range since March 2009.

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

Brexit Vote Generates Extreme Moves from Pound, Dollar, Markets

Chart created by Chief Currency Strategist John Kicklighter, data pulled from Bloomberg

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

DISCLOSURES

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.