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: British Pound Extends Win Streak

DailyFX US AM Digest: British Pound Extends Win Streak

DailyFX Research,

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

The British Pound rally across the board has continued on Thursday, following the range breakout higher in GBP/USD yesterday. While pairs like EUR/GBP and GBP/JPY are still in recent consolidations, potential is clearly gathering for breakout opportunities (EUR/GBP: range break lower; GBP/JPY: symmetrical triangle break higher). Meanwhile, the Euro failed to hold onto earlier gains after the November Euro-Zone CPI report missed expectations. Overall, the US Dollar rally may be entering day four, but gains have started to slow; near-term price action seems to be hanging on developments around tax reform legislation in Washington, D.C.

DailyFX Economic Calendar: Thursday, November 30, 2017 – North American Releases

DailyFX US AM Digest: British Pound Extends Win Streak

Once again, the majority of significant North American economic data is in the rearview mirror for today. Earlier, the October US Personal Income and Personal Spending reports, as well as the October US PCE report, provided only a minor boost to the greenback. Overall, the inflation figures won’t do much to shake off concerns that disinflation is setting in. Later, the Fed’s Quarles and Kaplan will be speaking.

DailyFX Webinar Calendar: Thursday, November 30, 2017

DailyFX US AM Digest: British Pound Extends Win Streak

IG Client Sentiment Index Chart of the Day: GBPUSD

DailyFX US AM Digest: British Pound Extends Win Streak

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

GBPUSD: Retail trader data shows 41.3% of traders are net-long with the ratio of traders short to long at 1.42 to 1. In fact, traders have remained net-short since Nov 21 when GBPUSD traded near 1.3314; price has moved 1.1% higher since then. The number of traders net-long is 0.9% higher than yesterday and 0.1% lower from last week, while the number of traders net-short is 4.9% higher than yesterday and 4.9% lower from last week.

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

Five Things Traders are Reading

  1. “DXY Tests November Downtrend; GBP Bullish Posture Improves” by Christopher Vecchio, CFA, Senior Currency Strategist
  2. “EUR/USD Weakens on Inflation No-Show” by Nick Cawley, Analyst
  3. “Bitcoin – ’Rickshaw Man’ Warns of a Big Reversal” by Paul Robinson, Market Analyst
  4. “FTSE Technical Analysis: Wild Turnabout Gives Shorts the Upper Hand” by Paul Robinson, Market Analyst
  5. “Crude Oil Prices May Struggle Even as OPEC, Allies Extend Cuts” 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