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
Please try again
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
  • Fed's Evans: - Monetary policy stance is appropriately accommodative - Fed now pays little attention to money supply data, maybe not at all #Fed $USD
  • Heads Up:🇺🇸 Fed Beige Book due at 19:00 GMT (15min)
  • Fed's Evans: - Not going to think about QE taper until we see further substantial improvement towards our goals - Lesson of taper tantrum was to be credible on meeting goals #Fed $USD
  • Fed's Evans: I share the view that the recent rise in yields is healthy and a positive economic sign. #Fed $USD
  • Fed's Evans: Don't expect we'll need to change duration of bond buys. #Fed $USD
  • Fed's Evans: - Doesn't see a great risk of inflation rising too quickly - Could see inflation temporarily above 2% - Higher inflation that delivers 2% on average is ok - It would be extraordinary for inflation to get up to 3%, wouldn't be a real problem even if it does #Fed $USD
  • USD/CAD struggles to retain the advance from the February low (1.2468) as Federal Reserve officials show little interest in adjusting the path for monetary policy. Get your $USDCAD market update from @DavidJSong here:
  • Fed's Evans: - Optimistic about recovery - Expects unemployment to be closer to 5% by end of 2021 #Fed $USD
  • Mid-Week Market Check Up- $USD, $EURUSD, $USDCAD, #Gold, #Silver, $SPX & #Bitcoin and More! (Webinar Archive)-
  • Fed's Evans: - 2021 should deliver a strong economic rebound - Fiscal support will be very helpful - There is still quite a gap in employment - Headline unemployment rate masks lots of people still on sidelines #Fed $USD
Asian Markets Narrow, Mixed Again. BOJ Leaves Policy Alone

Asian Markets Narrow, Mixed Again. BOJ Leaves Policy Alone

David Cottle, Analyst

Talking Points:

  • Asian markets were trendless on a largely data-free Friday
  • The Bank of Japan surprised no one by leaving its policy settings alone
  • But its Governor disappointed some by adding nothing on possible stimulus-exit plans

Get live coverage of all major Asia/Pacific market data at the DailyFX webinars

Asian stocks traded mixed and rather sideways on Friday.

The Bank of Japan left interest rates alone as it was expected to. Governor Haruhiko Kuroda didn’t say anything very radical in his post-meeting press conference either, but the US Dollar got a further boost against the Yen after he declined to go into any details about possible exit strategies from extraordinary monetary stimulus.

The Nikkei ended up 0.6%, with Australia’s ASX up by 0.2%. The Kospi was off by just 0.01% and the Shanghai Composite shed 0.2%.

The US Dollar got a degree of support from some upbeat employment data on Thursday. The Labor Department said that initial claimant numbers for unemployment benefits fell 8,000 to 237,000 for the week of June 10. That was well below the 242,000 which markets had expected. The New Zealand Dollar held steady on a report from its homeland suggesting that manufacturing selected a higher gear in May.The Euro got a boost as the European session got under way, possibly on news that Greece had reached a deal with its creditors to secure the release of more bailout funding.

Crude oil prices ticked up but remain near six-month lows, held down by enduring supply overhangs and worries about the effect of supply cuts.

The gold price meanwhile edged down to three-week lows as Thursday’s economic numbers showed a larger-than-expected fall in the number of Americans filing for unemployment benefits.

The remainder of Friday will offer investors news of final Eurozone consumer prices for May, US housing starts and the University of Michigan’s consumer sentiment indicator. Oil markets can look forward to Baker-Hughes count of US drilling rigs and, on the central bank front, Dallas Federal Reserve President Robert Kaplan will speak on home turf.

--- Written by David Cottle, DailyFX Research

Contact and follow David on Twitter:@DavidCottleFX

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