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 20:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.02% US 500: 0.02% Germany 30: -0.03% FTSE 100: -0.08% France 40: -0.09% View the performance of all markets via
  • US Dollar Price Action Setups: EUR/USD, GBP/USD $USD $EURUSD $GBPUSD
  • 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 $USD technical analysis from @MBForex here:
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.03% Gold: -0.29% Silver: -0.57% View the performance of all markets via
  • The Dollar ($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
  • 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:
  • 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:
  • 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 -
Australian Dollar Falls as Trade Balance Turns Negative

Australian Dollar Falls as Trade Balance Turns Negative

Varun Jaitly,

Talking Points:

  • Australian Dollar and local bond yields fell following worse than expected trade balance data
  • Trade balance for Australia in November was -A$628m, underperforming analyst expectations
  • Trade balance figures for the month of October were also revised lower to a -A$302 deficit

Join Senior Currency Analyst Ilya Spivak on Tuesdays at 03:00 GMT as he as he discusses the technical and fundamental AUD/USD outlook for the week ahead. Sign-up on the DailyFX Webinar Calendar

The Australian Dollar fell against its major counterparts following the release of November’s trade balance figures. The data came out at –A$628m deficit, underperforming analyst expectations for an A$550m surplus. The previous month’s trade balance figures were also revised lower from an A$105m surplus to an A$302m deficit.

The trade balance data reported little change in exports from the month prior, while imports rose roughly 1 percent. Local bond yields fell alongside the Australian dollar, likely due to the worse than expected data and the downward revision in the previous month’s trade balance figures. Today’s price action comes after a 13-day rally in the AUD/USD.

With the revision in mind, the data release indicates 2 months of negative trade balance performance, which has not occurred since October of 2016. The Reserve Bank of Australia is not set to meet this month but will have its first policy meeting of 2018 on February 7.

Australian Dollar Falls as Trade Balance Turns Negative

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