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
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.05% Wall Street: -0.04% France 40: -0.05% Germany 30: -0.07% US 500: -0.13% View the performance of all markets via
  • The Dollar is poised with an inverse head-and-shoulders pattern, but it needs a catalyst to make something of the setup. $EURUSD has a wedge and may need to weight for #NFPs but $GBPUSD has the smallest 50-day range since July 2014 and the #BOE later today
  • (Market Alert) AUD/USD Sinks as China Suspends Economic Talks with Australia, Will Support Break? $AUDUSD #China #NDRC #Australia #AUD
  • Wall Street Futures Update: Dow Jones (-0.015%) S&P 500 (-0.096%) Nasdaq 100 (-0.191%) [delayed] -BBG
  • The US Dollar may continue trading lower against ASEAN currencies, with USD/SGD and USD/THB eyeing key support ahead. USD/IDR and USD/PHP also exhibit bearish postures. Get your market update from @ddubrovskyFX here:
  • Do you think Dow Jones will outperform Nasdaq in May?
  • RT @KyleR_IG: First gaslighting, and now the silent treatment. This isn't a healthy relationship.
  • NDRC halts activities under China-Australia economic dialogue [update via Bloomberg] - cites Australia's disruption of cooperations with China $AUDUSD slipping lower, falling to lows of the day, China is AU's largest trading partner, feeling disruption woes #AUD #NDRC
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: 0.00% Oil - US Crude: -0.13% Silver: -0.37% View the performance of all markets via
  • The US Dollar still remains under pressure against most ASEAN currencies heading into May. A busy week awaits the Indonesian Rupiah, Thai Baht, Philippine Peso and Singapore Dollar. Get your market update from @ddubrovskyFX here:
Asia AM Digest: Aussie Dollar May Rise on Chinese CPI Data

Asia AM Digest: Aussie Dollar May Rise on Chinese CPI Data

DailyFX Research,

Get the Asia AM Digest every day before Tokyo equity markets open sign up here!

The US Dollar is trading broadly higher against its major currency counterparts at the start of the trading week. The move appears corrective after last week’s losses. Fed Chair Yellen may have helped, reiterating over the weekend that she expects price growth to rebound as temporary factors holding it back dissipate.

The greenback took a beating after firming Fed rate hike expectations delivered three consecutive weeks of gains. Hawkish exuberance was tempered after surprisingly acute worries about the prospects for reflation in minutes from September’s FOMC meeting were seemingly bolstered by disappointing CPI data.

DailyFX Economic Calendar: Asia Pacific (all times in GMT)

Asia AM Digest: Aussie Dollar May Rise on Chinese CPI Data

September’s Chinese CPI data headlines the economic calendar in Asia Pacific hours. The headline year-on-year inflation rate is expected to decline to 1.6 percent, retreating from a seven-month high of 1.8 percent recorded in August.

Broadly speaking, news-flow out of the world’s second-largest economy has increasingly deteriorated relative to consensus forecasts in recent months. If this portends softening price pressure, the markets may read that as limiting scope for tightening monetary conditions. In turn, that may be seen as supportive for growth and inflation in countries reliant on Chinese export demand. Among G10 FX majors, that might translate as strength for the Australian Dollar.

DailyFX Webinar CalendarCLICK HERE to register

Asia AM Digest: Aussie Dollar May Rise on Chinese CPI Data

IG Client Sentiment Index Chart of the Day: GBP/USD

Asia AM Digest: Aussie Dollar May Rise on Chinese CPI Data

CLICK HERE to learn more about the IG Client Sentiment Index

Retail trader data shows 49.2% of traders are net-long GBP/USD, with the ratio of traders short to long at 1.03 to 1. The number of traders net-long is 13.9% lower than yesterday and 15.5% lower from last week, while the number of traders net-short is 0.1% higher than yesterday and 8.8% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests GBP/USD prices may continue to rise. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.

Five Things Traders are Reading

  1. Weekly Trading Forecast: Central Banks Back in the Spotlightby DailyFX Research Team
  2. US CPI & Retail Sales; USD Week in Review by Christopher Vecchio, CFA, Sr. Currency Strategist
  3. EUR/USD Weekly Technical Analysis: Euro Topping Pattern in Sight by Paul Robison, Market Analyst
  4. Foundations of Technical Analysis: Trade Executionby Michael Boutros, Currency Strategist
  5. Canadian Dollar Edgy on NAFTA Fears by Nick Cawley, Analyst

To get theAsia AM Digest every day before the Tokyo cash equity open, sign up here

To get theUS AM Digest every day before the US cash equity open, sign up here

To get both reports daily, sign up here

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