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
Bearish
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
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
USD/JPY
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
More View more
Real Time News
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here: https://t.co/QszmdZFxlk https://t.co/Evr5KgUjVo
  • $GBPUSD corrects from stretched valuations, however, positioning clear is likely to entice dip-buyers. Get your market update from @JMcQueenFX here: https://t.co/sfFdBx9pN6 https://t.co/j6nnry65SW
  • Did you know a Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out https://t.co/c51s3IBcEu https://t.co/oQrOpYINOj
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here: https://t.co/Yl9vM7kO6a https://t.co/LSVPlus0vv
  • There’s a strong correlation between interest rates and forex trading. Forex is ruled by many variables, but the interest rate of the currency is the fundamental factor that prevails above them all. Learn how interest rates impact currency markets here: https://t.co/J0EPMD2Cfi https://t.co/rPd6B5KzuI
  • Time-cycle analysis suggests that the Japanese Yen could slide significantly lower against its major counterparts. Key levels for AUD/JPY, EUR/JPY and GBP/JPY. Get your market update from @DanielGMoss here:https://t.co/WPq4Z9zzEw https://t.co/VzVLrBbL9q
  • The Australian Dollar looks poised to outperform the haven-associated US Dollar and Japanese Yen. However, it may lose ground to the New Zealand Dollar. Key levels for AUD/USD, AUD/JPY and AUD/NZD. Get your market update from @DanielGMoss here:https://t.co/cuxRxl5WaF https://t.co/pujrmqSxV7
  • Has anyone explained the risk of inflation on the markets in terms of tendies?
  • The US Dollar is trying to break higher versus ASEAN currencies. The Singapore Dollar, Philippine Peso, Thai Baht and Indonesian Rupiah are under pressure. Will follow-through last? Get your market update from @ddubrovskyFX here:https://t.co/JOWG9q01q0 https://t.co/j2ICxgrLa3
  • The commodity-sensitive Canadian Dollar may continue outperforming its major counterparts in the coming weeks. USD/CAD, CAD/CHF, CAD/JPY and EUR/CAD key levels to watch. Get your $USDCAD market update from @DanielGMoss here:https://t.co/9bkVXQuP5C https://t.co/cLNEG36mZ8
Euro (EUR) Battles Record Low Euro-Zone Inflation Expectations

Euro (EUR) Battles Record Low Euro-Zone Inflation Expectations

Nick Cawley, Strategist

EURUSD Price, Chart and Analysis:

  • Euro-Zone inflation expectations continue to make fresh lows.
  • EURUSD price being kept afloat by a weak US dollar.

Q2 2019 EUR Forecast and USD Top Trading Opportunities

Keep up to date with all key economic data and event releases via the DailyFX Economic Calendar

The latest market indicator of Euro-Zone inflation expectations – the 5-yr/5-yr inflation-linked swap rate – today printed a new all-time low at 1.165%. The indicator measures inflation expectation over a five-year period starting five years from now. This will be a major headache for the ECB whose remit is to maintain inflation rates below, but close to, 2% over the medium-term.

Euro (EUR) Battles Record Low Euro-Zone Inflation Expectations

This reading is closely monitored by the ECB and the recent fall in expectations will only increase pressure on the central bank to loosen monetary conditions further – rate cuts, more quantitative easing – to boost price pressures in the single-block. The ECB halted the QE 2 at the end of 2018, apart from coupon and repayment reinvestments, and the central bank is likely in the months ahead to admit that more QE is necessary. The Euro-Zone benchmark (10-yr German Bund) currently trades at -0.265%, while the 20-year Bund offers a paltry 12.5 basis points of yield, highlighting the view that interest rates are going to stay very low for a long time.

EURUSD Price Looking Shaky - Lower for Longer?

EURUSD remains around 1.5 cents away from making a fresh two-year low if it breaks the May 23 nadir at 1.1107. The pair’s upside is currently being halted by the 200-day moving average which has held firm over the last week with the level broken but not closed above. EURUSD downside is being tempered by a weak US dollar with markets fully expecting at least two 0.25% interest rate cuts this year, cutting the attractiveness of the US dollar.

EURUSD Price Outlook Cloudy – ECB’s Rehn Talks Rate Cuts and More QE

EURUSD Daily Price Chart (September 2018 – June 14, 2019)

Euro (EUR) Battles Record Low Euro-Zone Inflation Expectations

Retail traders are 45.8% net-long EURUSD according to the latest IG Client Sentiment Data, a bullish contrarian indicator. However recent daily and weekly positional changes give us a mixed trading bias.

We run several Trader Sentiment Webinars every week explaining how to use IG client sentiment data and positioning when looking at a trade set-up. Access the DailyFX Webinar Calendar to get all the times and links for a wide range of webinars.

Traders may be interested in two of our trading guides – Traits of Successful Traders and Top Trading Lessons – while technical analysts are likely to be interested in our latest Elliott Wave Guide.

What is your view on EURUSD – bullish or bearish? You can let us know via the form at the end of this piece or you can contact the author at nicholas.cawley@ig.comor via Twitter @nickcawley1.

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

DISCLOSURES