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.

Free Trading Guides
EUR/USD
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
Oil - US Crude
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
Wall Street
Bullish
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Bearish
More View more
Real Time News
  • Join @MBForex 's at 8:30 AM ET/12:30 PM GMT for his weekly strategy #webinar Register here: https://t.co/VAnAfZU02T https://t.co/nYIzx59rfT
  • Have you joined @DailyFX @facebook group yet? Discuss your #forex strategies and brush up on your skills with us here: https://t.co/jtY1G7g8yx https://t.co/ZlnTxUGpy9
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.44%, while traders in US 500 are at opposite extremes with 70.25%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/fZmIFD69Un
  • Análisis $XAUUSD: el oro avanza pero continúa limitado por la demanda del dólar #gold #oro #usd #trading https://t.co/XmbNkGLTbe
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: 1.06% Silver: 1.03% Oil - US Crude: -1.93% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/rEjUTWcEhu
  • AUD/USD Tests Key Chart Level - Australian Dollar Price Outlook More details in the link below: https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2020/04/06/AUDUSD-Tests-Key-Chart-Level-Australian-Dollar-Price-Outlook-MK.html?CHID=9&QPID=917714 https://t.co/EQPSqGoxA6
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 1.22% 🇳🇿NZD: 1.20% 🇨🇦CAD: 0.56% 🇪🇺EUR: 0.08% 🇨🇭CHF: -0.03% 🇯🇵JPY: -0.62% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ERM5zEpMay
  • While Sino-US trade jitters are temporarily abating, China-Swedish trade tensions are rising as a part of a political contagion of growing economic hostilities between nations across the world. Get your market update from @ZabelinDimitri here:https://t.co/F1fVoyzoz5 https://t.co/9yE6F4tE7q
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Germany 30: 4.47% US 500: 4.08% Wall Street: 4.03% France 40: 3.74% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/RtMFoHljMR
  • Aston Martin (AML) share price in pieces...down 4% at 75p. Down over 95% since floating (October 2018). #astonmartin #aml #trading Prices and chart via @IGcom https://t.co/M0kVzTvKZH
DailyFX US AM Digest: US Dollar (DXY Index) Falls to Three Year Lows

DailyFX US AM Digest: US Dollar (DXY Index) Falls to Three Year Lows

2018-01-15 16:30:00
DailyFX Research,
Share:

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

The turn through the ides of January has brought little positivity to the US Dollar, which finds itself trading at its lowest level in over three years (via the DXY Index). However, with US financial markets closed for the Martin Luther King Jr. holiday, much of the movement in USD-pairs was a result of moves abroad. Despite ongoing strength in global equity markets, the Japanese Yen continues to post gains versus the US Dollar after the BOJ made its tapering announcement earlier this month. Elsewhere, the British Pound and the Euro are eying December inflation data due out on Tuesday and Wednesday, respectively.

DailyFX Economic Calendar: Monday, January 15, 2018 – North American Releases

DailyFX US AM Digest: US Dollar (DXY Index) Falls to Three Year Lows

The economic calendar was light on Monday, no surprise given the US federal holiday. The only piece of data released, December Canadian Existing Home Sales, came in above expectations, providing more fuel for a resurgent Canadian Dollar. The Bank of Canada meets this Wednesday and is widely expected to hike rates 25-bps to 1.25%.

DailyFX Webinar Calendar: Monday, January 15, 2018

DailyFX US AM Digest: US Dollar (DXY Index) Falls to Three Year Lows

IG Client Sentiment Index Chart of the Day: EURUSD

DailyFX US AM Digest: US Dollar (DXY Index) Falls to Three Year Lows

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

EURUSD: Retail trader data shows 34.4% of traders are net-long with the ratio of traders short to long at 1.91 to 1. The number of traders net-long is 12.6% higher than yesterday and 9.7% higher from last week, while the number of traders net-short is 6.5% lower than yesterday and 18.7% 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. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current EURUSD price trend may soon reverse lower despite the fact traders remain net-short.

Five Things Traders are Reading

  1. “FX Markets Look to UK & EZ CPI, BOC Rate Decision, Aussie Employment” by Christopher Vecchio, CFA, Senior Currency Strategist
  2. “Gold & Silver Technical Outlook: Can They Break Resistance?” by Paul Robinson, Market Analyst
  3. “GBP/USD Pushing Higher But May Need to Consolidate” by Nick Cawley, Analyst
  4. US Dollar Index (DXY) Forecast: Pessimism Holds on Move to 2009 Extreme” by Tyler Yell, CMT, Forex Trading Instructor
  5. “Euro Turns to 2017’s Final CPI Figures After ECB Minutes Hint at Faster Exit” 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

News & Analysis at your fingertips.