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
EUR/USD
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
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
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
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
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
USD/JPY
Bullish
More View more
Real Time News
  • After suffering steep losses Monday, gold declines have continued, threatening secondary support. Get your $XAUUSD market update from @PeterHanksFX here:https://t.co/mSxxBdUVR0 https://t.co/LBE3lBhu00
  • DOJ expected to file antitrust action against Google in coming weeks according to AP News - BBG
  • Update on #Cryptocurrencies #BITCOIN +0.12% #BITCOINCASH -0.08% #ETHEREUM -0.22% #RIPPLE +0.26% #LITECOIN -0.55%
  • 🇰🇷 Consumer Confidence (SEP) Actual: 79.4 Previous: 88.2 https://www.dailyfx.com/economic-calendar#2020-09-24
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.20% 🇬🇧GBP: 0.15% 🇪🇺EUR: 0.07% 🇯🇵JPY: -0.05% 🇨🇭CHF: -0.30% 🇦🇺AUD: -0.38% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/AxA4F2bdLO
  • Heads Up:🇰🇷 Consumer Confidence (SEP) due at 21:00 GMT (15min) Previous: 88.2 https://www.dailyfx.com/economic-calendar#2020-09-24
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 1.86% Gold: 0.31% Oil - US Crude: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/KGhOU0JkGg
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.99%, while traders in EUR/GBP are at opposite extremes with 66.51%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/I8ErFM6ptJ
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.20% FTSE 100: 0.16% France 40: 0.13% Wall Street: -0.01% US 500: -0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/ocJM79mXIK
  • Commodities Update: NYM WTI Crude 40.14 (+0.53), ICE Brent Crude 41.75 (-0.05%), NYM NYH Gasoline 119.10 (+0.82%). [delayed]
DailyFX US AM Digest: US Dollar Awaits Heavier Economic Calendar

DailyFX US AM Digest: US Dollar Awaits Heavier Economic Calendar

2017-10-03 13:06:00
DailyFX Research,
Share:

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open - signup here

The US Dollar is falling back slightly ahead of the US cash equity open on Tuesday. Although US Treasury yields have continued to push higher in recent days, their pause today is giving traders a reason to temper their bullish USD bets. Overnight, the Reserve Bank of Australia sent the Australian Dollar lower after noting how the currency’s strength would hurt the country’s growth prospects, an inherently dovish comment. Although AUD/USD doesn’t reflect it, weakness is pervasive among other AUD-crosses. Rate expectations aren’t a major influence on the antipodean currency at present time, with no rate hikes or cuts priced in for the rest of 2017.

DailyFX Economic Calendar: Tuesday, October 3, 2017 - North American Data Releases

DailyFX US AM Digest: US Dollar Awaits Heavier Economic Calendar

The North American economic calendar is devoid of any significant economic data today. But the lull in data flow won’t persist for long: the US ISM Non-Manufacturing/Services index and the US ADP Employment report for September are both due tomorrow. These reports tend to track the headline US Nonfarm Payrolls report, so traders should expect a tick up in volatility starting tomorrow. In general, the news feed will provide the greatest source of risk for Tuesday.

DailyFX Webinar Calendar: Tuesday, October 3, 2017

DailyFX US AM Digest: US Dollar Awaits Heavier Economic Calendar

IG Client Sentiment Index Chart of the Day: AUDUSD

DailyFX US AM Digest: US Dollar Awaits Heavier Economic Calendar

Learn more about the IG Client Sentiment Index on the DailyFX Sentiment page

AUDUSD: Retail trader data shows 45.5% of traders are net-long with the ratio of traders short to long at 1.2 to 1. The number of traders net-long is 4.4% lower than yesterday and 24.7% higher from last week, while the number of traders net-short is 13.4% higher than yesterday and 16.3% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise. Positioning is more net-short than yesterday but less net-short from last week. The combination of current sentiment and recent changes gives us a further mixed AUDUSD trading bias.

Five Things Traders are Reading

  1. “US Dollar Breakout Potential Persists Before Calendar Heats Up” by Christopher Vecchio, CFA, Senior Currency Strategist
  2. “Gold Price Declining Towards Big Support, S&P 500 May Pause Soon” by Paul Robinson, Market Analyst
  3. “GBP Falls on Construction PMI Miss, Brexit Turmoil” by Martin Essex, MSTA, Analyst and Editor
  4. “FTSE Playing Catch-up to Other Major Global Players” by Paul Robinson, Market Analyst
  5. “US Dollar Hits 1-Month High as Aussie and NZ Dollars, Yen Suffer” by Ilya Spivak, Senior Currency Strategist

The DailyFX US AM Digest is published every day before the US cash equity open - you can SIGNUP HERE to receive this report in your inbox every day.

The DailyFX Asia AM Digest is published every day before the Tokyo cash equity open - you can SIGNUP HERE to receive that report in your inbox every day.

If you're interested in receiving both reports each day, you can SIGNUP HERE.

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

DISCLOSURES