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.

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
Subscribe
Please try again
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
Gold
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
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.47%, while traders in Wall Street are at opposite extremes with 74.57%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ydWxl8vBrm
  • RT @IGSquawk: Robinhood opens at $38 before briefly touching through $40 $HOOD 37.05 -2.5%
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Silver: 3.09% Gold: 1.40% Oil - US Crude: 1.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/RaPjCTUhoN
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.86% 🇨🇦CAD: 0.66% 🇬🇧GBP: 0.41% 🇪🇺EUR: 0.33% 🇯🇵JPY: 0.30% 🇦🇺AUD: 0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/aedAWqGkhx
  • In the aftermath of the FOMC's taper talk, the US 2Q GDP miss has added to the Dollar's tumble but not weighed the S&P 500. DailyFX's @JohnKicklighter 👇 https://t.co/639Y34LoWI
  • In the aftermath of the FOMC's taper talk, the US 2Q GDP miss has added to the Dollar's tumble but not weighed the S&P 500. DailyFX's @JohnKicklighter discusses Down pointing backhand index👇 https://t.co/hJbVcsxyER
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: US 500: 0.54% Wall Street: 0.52% Germany 30: -0.05% FTSE 100: -0.08% France 40: -0.18% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/KovwTZk8iu
  • $GBPUSD not far off the big 1.4000 psych level that has been in focus for much of the year https://t.co/ieYPFxCX3l
  • $USDCAD has dropped below its 20-day moving average for the first time in 38 trading days. As far as monetary policy focused crosses go, this is a good one; and the BOC has already tapered twice as the Fed drags its feet https://t.co/18gBHWKzJ8
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.76% 🇬🇧GBP: 0.51% 🇨🇦CAD: 0.44% 🇪🇺EUR: 0.33% 🇦🇺AUD: 0.23% 🇯🇵JPY: 0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/6IgbcOeZDZ
DailyFX US AM Digest: Euro Retakes Earlier Losses; Dollar Stable at US Open

DailyFX US AM Digest: Euro Retakes Earlier Losses; Dollar Stable at US Open

DailyFX Research,

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

The US Dollar has given up all of its earlier gains, directly reflecting the rebound in the Euro during the European trading session. Earlier, Asian traders offered the Euro lower as news emerged that German Chancellor Angela Merkel wouldn’t be able to form a coalition government following elections in September. However, given the historical implications of a failed effort to form a government – typically a minority coalition forming or a new round of elections in which the previous winners have prevailed once more – European traders have brushed off the developments as nothing more than ‘fake news.’

DailyFX Economic Calendar: Monday, November 20, 2017 – North American Releases

DailyFX US AM Digest: Euro Retakes Earlier Losses; Dollar Stable at US Open

It’s a quiet week on the economic calendar overall, with Monday being no different from the trend. There are only three events total on the North American calendar, with only one rated as ‘medium’ or higher importance; the October US Leading Indicators report shouldn’t move markets much. Overall, the coming days should prove to be illiquid, particularly around Thursday for the Thanksgiving holiday in the United States. The news wire is the most potent source of event risk (Trump tweets, progress over tax reform legislation, North Korea missile test, etc.) over the coming week.

DailyFX Webinar Calendar: Monday, November 20, 2017

DailyFX US AM Digest: Euro Retakes Earlier Losses; Dollar Stable at US Open

IG Client Sentiment Index Chart of the Day: EURUSD

DailyFX US AM Digest: Euro Retakes Earlier Losses; Dollar Stable at US Open

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

EURUSD: Retail trader data shows 29.9% of traders are net-long with the ratio of traders short to long at 2.35 to 1. The number of traders net-long is 8.1% lower than yesterday and 24.7% lower from last week, while the number of traders net-short is 4.9% lower than yesterday and 12.0% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EURUSD 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 EURUSD-bullish contrarian trading bias.

Five Things Traders are Reading

  1. “EUR/USD Shakes on German Political Risk: Setups Remain on Both Sides” by James Stanley, Currency Strategist
  2. “FX Markets Look to Pockets of Event Risk During US Holiday Week” by Christopher Vecchio, CFA, Senior Currency Strategist
  3. “Brexit Briefing: German Coalition Collapse Could Hamper EU/UK Talks” by Nick Cawley, Analyst
  4. “NZD/USD Volatility Expectations Highest, USD/CAD on the Low-end” by Paul Robinson, Market Analyst
  5. “Euro Looks to Hold onto Gains During US Holiday Week” by Christopher Vecchio, CFA, 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