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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.

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GBP/USD
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USD/JPY
Bullish
Gold
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.

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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.

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  • US Dollar Price Outlook: EUR/USD, GBP/USD, USD/CAD, USD/CHF https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2019/09/16/us-dollar-price-outlook-eur-usd-gbp-usd-usd-cad-usd-chf-js52-usd-chart.html https://t.co/dM4YKDP9qd
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.95%, while traders in France 40 are at opposite extremes with 81.39%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SlJfOQwCAI
  • $ES_F aiming to close the gap? https://t.co/FLkoN4uukV
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 9.24% Silver: 2.02% Gold: 0.70% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/nfExwfKu63
  • $CAD: Loonie loving higher #oil prices. Canadian Dollar strengthening broadly today, as the economy is a major net exporter of crude. Gains most notable versus the #Euro with the Eurozone being a large net oil importer. https://t.co/7Un1GNkZDw
  • $AUD Australian Dollar edges lower. Souring market sentiment typical bodes ill for the Aussie, and today’s move in response to weak China industrial production data and the #SaudiOilStrike seems to be no exception. Also have #RBA minutes event risk on deck - due Monday 20:30 GMT. https://t.co/Pw5iz3tt8w
  • Crude #oil futures saw a record spike higher at the Asia open, with Brent crude gapping higher by 18% to hit 4-month highs following drone attacks on Saudi’s Abqaiq oil facility. Where is crude heading? Get your market update from @JMcQueenFX here: https://t.co/sjJM12uj6U #OOTT https://t.co/YpyUvp8lHx
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: US 500: -0.41% Wall Street: -0.41% Germany 30: -0.65% France 40: -0.74% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/efvyGLtem7
  • $EURUSD down 50 pips since 6 AM ET
  • #Gold prices trying to stay afloat around $1,500 with $XAUUSD maintaining its #trading range since August. The upcoming #FederalReserve interest rate is paramount to which direction the #commodity heads next. Lots of other CB’s on the docket too this week. https://t.co/Yd2iO3rMI3
US Dollar Price Whipsaws on US NFP Headline Beat

US Dollar Price Whipsaws on US NFP Headline Beat

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US Labor Report (NFPs) Release and US Dollar (DXY) Price Analysis and Charts.

  • US NFPs shows 263,000 new jobs created in April
  • US Dollar (DXY) mixed on headline beat and wages miss.

DailyFX Q2 Forecasts and Top 2019 Trading Opportunities.

*** US Non-Farm Payrolls – Update to Follow Shortly ***

The April US Labor Report (NFPs) reported job growth of +263K beating expectations of +190k and a prior revised number of +189k from +196k

The US dollar (DXY) jumped on the headline beat but slipped back while EURUSD fell to its lowest level of the day before paring losses.

The closely watched average hourly earnings m/m increase of 0.2% compared to expectations of 0.3% and a revised higher reading of 0.2% recorded in March, while annual average hourly earnings missed expectations at 3.2% compared to 3.3% and a prior reading of 3.2%.

US Department of Labor – Full Labor Report

NFP and Forex: Non-Farm Payrolls and How to Trade It

US Dollar (DXY) One-Minute Price Chart (May 3, 2019)

US Dollar Price Whipsaws on US NFP Headline Beat

EURUSD One-Minute Price Chart (May 3, 2019)

US Dollar Price Whipsaws on US NFP Headline Beat

IG Client Sentimentshows how retail traders are positioned in a wide range of asset classes and how daily and weekly sentiment changes can help drive momentum.

--- Written by Nick Cawley, Market Analyst

To contact Nick, email him at nicholas.cawley@ig.com

Follow Nick on Twitter @nickcawley1

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

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