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. See our updated Privacy Policy here.



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
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
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • Gold price action is primed for volatility next week with the Fed decision on deck. How real yields and the US Dollar react to fresh guidance from Fed officials will be key for gold outlook. Get your weekly gold forecast from @RichDvorakFX here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • Canadian Dollar snapped a three-week losing streak after USD/CAD stalled at key technical resistance. Get your CAD weekly forecast from @MBForex here:
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • Get your snapshot update of the of top level exchanges and key index performance from around the globe here:
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
  • The Nasdaq 100 index is aiming to breach a key resistance level at 14,950 for a second time. A successful attempt may open the door to further gains, although the MACD indicator flags signs of weakness. Get your equities forecast from @margaretyjy here:
DailyFX US AM Digest: US Dollar Slips  on Mixed October Jobs; Canadian Dollar Gains

DailyFX US AM Digest: US Dollar Slips on Mixed October Jobs; Canadian Dollar Gains

DailyFX Research,

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

The US Dollar traded back towards its weekly lows following a mixed batch of US jobs data this morning. The October US Nonfarm Payrolls report showed the economy gained +261K jobs and the unemployment rate fell to 4.1%, but these figures, among others, were considered disappointing relative to otherwise high expectations (+313K expected). Released alongside the US jobs figures was its Canadian counterpart, which was overall better than consensus forecasts per Bloomberg News (+35.3K vs +15K expected); USD/CAD was quick to move to weekly lows. Earlier, the British Pound took a leg up earlier on the back of improved October UK Markit PMI readings, helping offset weakness from yesterday’s Bank of England policy meeting.

DailyFX Economic Calendar: Friday, November 3, 2017 – North American Releases

DailyFX US AM Digest: US Dollar Slips  on Mixed October Jobs; Canadian Dollar Gains

The North American economic docket is lighter the rest of the way, but there are still a few meaningful data releases left – all of which come from the United States. At 10 EDT/14 GMT the October US ISM Services/Non-Manufacturing index will be released, providing insight into growth trends for the largest part of the economy at large – the service sector accounts for roughly two-thirds of all jobs in America. Released alongside the ISM report will be September US Factory Orders and the final September US Durable Goods Orders report.

DailyFX Webinar Calendar: Monday, November 6, 2017

DailyFX US AM Digest: US Dollar Slips  on Mixed October Jobs; Canadian Dollar Gains

IG Client Sentiment Index Chart of the Day: Spot Gold

DailyFX US AM Digest: US Dollar Slips  on Mixed October Jobs; Canadian Dollar Gains

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

Spot Gold: Retail trader data shows 81.1% of traders are net-long with the ratio of traders long to short at 4.29 to 1. The number of traders net-long is 3.1% higher than yesterday and 0.6% lower from last week, while the number of traders net-short is 7.9% lower than yesterday and 10.8% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Spot Gold prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.

Five Things Traders are Reading

  1. “US Dollar Nudged Lower by Mixed October US Jobs Report” by Christopher Vecchio, CFA, Senior Currency Strategist
  2. “Trading Outlook: NFPs, DXY, EUR/USD, GBP/USD, Gold Price & More” by Paul Robinson, Market Analyst
  3. “Preview for October NFPs and Outlook for the US Dollar” by Christopher Vecchio, CFA, Senior Currency Strategist
  4. “Pound Steadies as PMI Jump Eases Concerns About the UK Economy” by Martin Essex, MSTA, Analyst and Editor
  5. “EUR/USD Technical Analysis: Topping Pattern Remains Valid” 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.