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
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.84%, while traders in France 40 are at opposite extremes with 67.81%. See the summary chart below and full details and charts on DailyFX:
  • LIVE NOW: Join Technical Strategist @MBForex for his Weekly Strategy Webinar to review the setups we're tracking into start of the week / month!
  • wrote up the $Gold forecast for this week, a major level already in-play ~1725. #NFP the big item on the calendar, but lots of space on the chart until Friday
  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.58% 🇦🇺AUD: 0.46% 🇳🇿NZD: 0.22% 🇪🇺EUR: -0.16% 🇯🇵JPY: -0.16% 🇨🇭CHF: -0.59% View the performance of all markets via
  • Weekly Strategy Webinar starting in 15mins on DailyFX!
  • The US Dollar has begun the week strongly, The $DXY has risen back above the 91.00 level to trade around its February highs. $USD
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here:
  • 🇩🇪 Inflation Rate MoM Prel (FEB) Actual: 0.7% Expected: 0.5% Previous: 0.8%
  • 🇩🇪 Inflation Rate YoY Prel (FEB) Actual: 1.3% Expected: 1.2% Previous: 1%
  • Heads Up:🇩🇪 Inflation Rate MoM Prel (FEB) due at 13:00 GMT (15min) Expected: 0.5% Previous: 0.8%
USDCAD Tests 2019 Low, USD Pullbacks on Month-End Rebalancing - US Market Open

USDCAD Tests 2019 Low, USD Pullbacks on Month-End Rebalancing - US Market Open

Justin McQueen, Analyst

MARKET DEVELOPMENT – USDCAD Tests 2019 Low, USD Pullbacks on Month-End Rebalancing

DailyFX 2019 FX Trading Forecasts


USD: Yet again ranges are relatively tight ahead of the G20 summit. The USD had come under initial pressure in the European morning session as rebalancing flows weighed. G10 currencies are generally firmer against the greenback, which has managed to hold the 96.00 handle thus far.

CAD: A mixed GDP report saw USDCAD bounce off yearly support at 1.3068. Tightening yield differentials and rising oil prices favour further CAD gains against the greenback. However, the BoC survey outlook could cap further upside in the near term, with the survey most likely to have been covered from early May to early June, which had been when US-China trade tensions had escalated.

EUR: Eurozone inflation had been in-line with expectations, while the core rate had jumped to 1.1%, however, this remains far from the ECB’s mandate and as such, saw a limited reaction in the Euro and short-end rates. Consequently, there is little to suggest that the ECB will not provide further stimulus from Q4.

IG Client Sentiment

USDCAD Tests 2019 Low, USD Pullbacks on Month-End Rebalancing - US Market Open

How to use IG Client Sentiment to Improve Your Trading


  1. EU-Swiss Exchange Battle Continues: London Prepares to Delist Swiss Shares” by Daniela Sabin Hathorn , Junior Analyst
  2. Crude Oil Price Analysis: OPEC Set to Extend Production Cuts” by Justin McQueen, Market Analyst
  3. EURUSD, GBPUSD, GBPJPY – Charts for Next Week” by Paul Robinson, Currency Strategist
  4. Using FX To Effectively Trade Global Market Themes at IG” by Tyler Yell, CMT , Forex Trading Instructor

--- 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.