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
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Wall Street
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
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • US Dollar Price Action Setups: EUR/USD, GBP/USD https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/04/19/US-Dollar-USD-Price-Action-Setups-EUR-USD-EURUSD-GBP-USD-GBPUSD.html $USD $EURUSD $GBPUSD https://t.co/Jyr7pfHhdH
  • RT @CGasparino: BREAKING -- @JoeBiden Admin is in the early stages of developing a regulatory approach to the booming crypto biz, sources t…
  • The US Dollar is in correction within the yearly uptrend with the decline now eyeing initial support objectives just lower. Get your $USD technical analysis from @MBForex here:https://t.co/QLdiJa8z7v https://t.co/95rBic2Ke8
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.03% Gold: -0.29% Silver: -0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/nj9OGkvt7a
  • The Dollar ($DXY) has cleared both its 50-day SMA and the midpoint of the 2021 range. What has greater pull: its roll as wayward safe haven (vs inverted $SPX) or the recent fade in returns (US 10yr). The 20-day correlation to both approximately ~0.8, strong https://t.co/1dteHRggua
  • US Dollar Index (DXY) trend from last March picking up steam again. February and January lows up next on radar, could take a few weeks. Get your market update from @PaulRobinsonFX here:https://t.co/KCsZINK3KI https://t.co/3EN4Xrxnjn
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/9j9ojxURdw
  • RT @ChadPergram: Biden now mtg w/bipartisan/bicameral mbrs about infrastructure. Says they're discussing "how to pay for it." Adds they "ho…
  • $WTI #Crude #Oil Price Outlook: Breakout Eyes Resistance- Bulls at Risk - https://t.co/RuNq3bxxaW https://t.co/784dxJq0m7
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Germany 30: -0.17% France 40: -0.21% FTSE 100: -0.21% Wall Street: -0.43% US 500: -0.63% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TOxQi0CN8k
Asian Stocks Up, Sterling Sheds Gains On Brexit Deal News

Asian Stocks Up, Sterling Sheds Gains On Brexit Deal News

David Cottle, Analyst

Talking Points:

  • Asian stocks rose across the board as the trading week wound down
  • Bitcoin had another gut-wrenching whipsaw session
  • The British Pound perked up on news that Prime Minister May was going back to Brussels, but saw some profit taking on news of a deal

New to the financial-market trading world? The free DailyFX Beginners’ Guide has your name on it.

Asian stock markets were higher Friday in a session which saw some strong economic data out of the region. Wall Street’s gains helped too as investors looked to the official US labor-market snapshot later in the session.

Japan’s third-quarter Gross Domestic Product data were revised up quite substantially by the country’s statistics agency. Annualized growth is now estimated to have been 2.5%, far better than the 1.4% gain initially reported. China’s November trade data came in very perky too, with both imports and exports beating market expectations. The country’s US-Dollar-terms trade surplus was $40.21 billion. That was higher than both the $35 billion forecast and the previous month’s $38.17 billion.

The Nikkei 225 ended Friday up by 1.39% with the ASX 200 0.28% higher. The only modest dark spot was the Kospi which hovered around the start line as trade wound down.

In the foreign-exchange space, the US Dollar inched higher and looks set to end the week with gains against most major rivals. The British Pound saw some apparent profit taking on news that Brexit talks would at last move on to trade discussions. The currency made sharp headway earlier as Prime Minister Theresa May headed back to Brussels with a possible solution to the Irish border question which had stymied negotiations.

Bitcoin endured yet another torrid session, reaching highs in the $17,000 region before plummeting back below the $15,000 level. Gold prices inched back up from four-month lows while oil prices were constrained by that stronger US Dollar.

Still to come Friday a plethora of UK economic numbers which will include the latest industrial production and trade snapshots. Canadian housing stats are coming up too, but there’s no argument about the headline act. That will be those US labor-market figures wherein a sold gain of 195,000 non-farm jobs is expected for November.

--- Written by David Cottle, DailyFX Research

Contact and follow David on Twitter:@DavidCottleFX

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

DISCLOSURES