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.



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
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.37% Gold: -0.28% Silver: -0.70% View the performance of all markets via
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 87.01%, while traders in France 40 are at opposite extremes with 68.82%. See the summary chart below and full details and charts on DailyFX:
  • WH Press Sec. Psaki: - More work remains on infrastructure after meeting - Today or tomorrow, a White House team will meet with Senators from both parties
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: 0.01% Wall Street: 0.01% Germany 30: -0.11% France 40: -0.19% FTSE 100: -0.27% View the performance of all markets via
  • McKesson said to explore sale of European, UK businesses -BBG $MCK $EURUSD $GBPUSD
  • EUR/GBP continues to trade towards the bottom of the trading range. Sentiment remains ‘mixed’ after near term decline in long positioning. Get your market updates from @RichardSnowFX here:
  • @JohnKicklighter At the very least, it’s providing extra entertainment for us market junkies plugged into #Fed Chair Powell’s congressional testimony. Perhaps serving as a coping mechanism for HODL-ers as well. $BTCUSD #Bitcoin
  • Fed's Powell: - The Fed is prepared to utilize all of its tools to maintain inflation at or below 2% - It is extremely unlikely that inflation will be as high as it was in the 1970's
  • Fed's Powell: - Enhanced unemployment benefits may be a factor limiting job growth - In the fall, I believe we will see a lot more jobs being created
CAD Soars, AUD Bears Remain, EUR Selling Eases - US Market Open

CAD Soars, AUD Bears Remain, EUR Selling Eases - US Market Open

Justin McQueen, Analyst

MARKET DEVELOPMENT – CAD Soars, AUD Bears Remain, EUR Looks to EU-US Trade War

CAD: Canadian Dollar surges as today’s strong jobs report dominates. Employment change surged by 66.8k against forecasts of 8k. While unemployment rate rose above consensus, this can partially be attributed to the pick up in the participation rate. What is perhaps more positive is the fact that wage growth picked up for a second consecutive month, now at 1.8% from 1.5%, which will likely please the BoC. (CAD Technicals, click here)

EUR: With the Euro being offered throughout the week amid the wave of soft data from the Eurozone yet again. However, slight position squaring ahead of the weekend has eased some of the downside for now, while the key 1.13 also elicits support. Elsewhere, a report from German press brought the EU-US auto tariffs back into focus with the report highlighting that a 25% tariff remains on the table. This comes ahead of next weeks deadline (Feb 17-19th) where the Department of Commerce will conclude their investigation into Section 232.

AUD: Realisation sinking for the RBA who are beginning to signal concerns over housing market and its implications. However, while forecasts had been downgraded the view from the RBA that 3% growth could be achieved may be somewhat optimistic. As we noted a cut is a more likely with markets also taking this viewpoint, consequently, growth may see further downgrades later this year. Alongside this, reports yesterday that President Trump and Xi are unlikely to meet before the negotiating deadline (Mar 1st) provides another bearish factor for the AUD.

CAD Soars, AUD Bears Remain, EUR Selling Eases - US Market Open

DailyFX Economic Calendar: – North American Releases

CAD Soars, AUD Bears Remain, EUR Selling Eases - US Market Open

IG Client Sentiment

CAD Soars, AUD Bears Remain, EUR Selling Eases - US Market Open

How to use IG Client Sentiment to Improve Your Trading

Four Things Traders are Reading

  1. Charts for Next Week: EUR/USD, USD/CAD, AUD/USD & More” by Paul Robinson, Market Analyst
  2. EURUSD Price: Nearing a Strong Support Zone” by Nick Cawley, Market Analyst
  3. CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY” by Justin McQueen, Market Analyst
  4. Brexit and the Pound: Why EU Might Spurn a Last-Minute Deal With the UK” by Martin Essex, MSTA , Analyst and Editor

--- Written by Justin McQueen, Market Analyst

To contact Justin, email him at

Follow Justin on Twitter @JMcQueenFX

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