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.

Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
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
News
EUR/USD Rate Forecast: November Low on Radar Following ECB Meeting
2020-01-28 06:00:00
Technical Trade Levels: US Dollar, USD/CAD, EUR/USD, Crude Oil & Gold
2020-01-27 16:57:00
GBP/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
News
Technical Trade Levels: US Dollar, USD/CAD, EUR/USD, Crude Oil & Gold
2020-01-27 16:57:00
Crude Oil, S&P 500 Sink as Gold Prices Rally. Market Volatility Back?
2020-01-27 13:30:00
USD/JPY
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
News
Japanese Yen Gains On Wuhan Virus, USD/JPY Nears Key Prop
2020-01-28 03:01:00
Technical Trade Levels: US Dollar, USD/CAD, EUR/USD, Crude Oil & Gold
2020-01-27 16:57:00
Gold
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
News
Silver and Gold Prices Ripe for Retreat Ahead FOMC Outlook?
2020-01-28 05:00:00
Gold Price Outlook Brightens as Coronavirus Panic Spurs Volatility
2020-01-27 18:07:00
Oil - US Crude
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
News
Gold Prices Steady As Virus Spread Saps Global Risk Appetite
2020-01-28 06:58:00
Technical Trade Levels: US Dollar, USD/CAD, EUR/USD, Crude Oil & Gold
2020-01-27 16:57:00
Bitcoin
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
News
Bitcoin (BTC) Price Forecast: Coin Probes Key Resistance, Fails First Test
2020-01-23 22:30:00
Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch
2020-01-22 15:00:00
More View more
Real Time News
  • The $JPY may resume a five-year rise against the New Zealand Dollar if prices make good on a Head-and-Shoulders pattern, pushing NZD/JPY toward 70.00. Get your market update from @IlyaSpivak here:https://t.co/zK0eeqdWp6 https://t.co/Z3zbwkwDUu
  • CHF Switzerland Exports MM Actual: -3.4% Previous: -0/4% (R) Imports MM Actual: 0.2% Previous: -0.1% (R) Watch Exports Actual: 5.8% Previous: -3.1% (R)
  • European Opening Calls From IG: #FTSE 7438 +0.35% #DAX 13289 +0.63% #CAC 5898 +0.59% #AEX 602 +0.50% #MIB 23558 +0.61% #IBEX 9426 +0.64% #STOXX 3699 +0.58%
  • 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/E9KFcS1ebz
  • Join Analyst @ddubrovskyFX for LIVE coverage of Australian CPI data where he will be discussing the outlook for the Australian Dollar beginning at 00:15 GMT on Wednesday the 29th below! $AUDUSD #AUDJPY $AUDNZD $AUDCAD - https://t.co/OkNykQSRsI
  • The New Zealand Dollar may fall against the Japanese #Yen after downside breakouts in $NZDJPY and an #NZD index. Fundamental catalysts include the #coronavirus, China PMI and the #Fed - https://www.dailyfx.com/forex/analyst_picks/todays_picks/daniel_dubrovsky/2020/01/28/New-Zealand-Dollar-Japanese-Yen-Outlook-NZDJPY-Uptrend-at-Risk.html?CHID=9&QPID=917702 https://t.co/r1R2CfwJzF
  • My trading video for the upcomign session: 'S&P 500, Crude Oil, Yield Curve Tumble as Risk Aversion Aligns to Flu Fears' https://www.dailyfx.com/forex/video/daily_news_report/2020/01/28/SP-500-Crude-Oil-Yield-Curve-Tumble-as-Risk-Aversion-Aligns-to-Flu-Fears.html https://t.co/Bcl3xX99ya
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.42%, while traders in US 500 are at opposite extremes with 67.97%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/VaZ5CnWGft
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.06% 🇪🇺EUR: 0.03% 🇬🇧GBP: -0.01% 🇳🇿NZD: -0.03% 🇯🇵JPY: -0.05% 🇨🇭CHF: -0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/EdKF0XF8z0
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.41% France 40: 0.40% US 500: 0.39% Germany 30: 0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/8BrsH6ji0L
Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB - US Market Open

Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB - US Market Open

2019-09-11 13:30:00
Justin McQueen, Analyst
Share:

MARKET DEVELOPMENT –Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB

DailyFX 2019 FX Trading Forecasts

EUR: The Euro is underperforming ahead of tomorrow’s ECB decision with EUR/USD dipping below 1.10. Price action has been somewhat calm as market participants await from tomorrow’s outcome. Expectation are the ECB to unveil a new stimulus package in order to lift inflation and boost the Eurozone, particularly that of Germany where a German thinktank (IFW) expects that the country slipped into a technical recession in Q3.

USD: A lift in US yields, alongside the pullback in the greenbacks major counterparts has aided the US Dollar throughout the session with the index back above 98.5. However, the aforementioned ECB rate decision will be key for the near-term direction for the greenback.

Crude Oil: Despite yesterday’s decision by President Trump to fire John Bolton (Iran hawk), oil prices have eeked out modest gains as yesterday’s API crude stockpiles showed a large 7.2mln barrel drawdown, as such, eyes will be on the DoE crude inventory report for confirmation, in which expecations are for a 2.686mln barrel drop.

Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB - US Market Open

Source: DailyFX

WHAT’S DRIVING MARKETS TODAY

  1. “Brexit Latest: Scottish Civil Court Rules UK Parliament Suspension ’Unlawful’” by Nick Cawley, Market Analyst
  2. “S&P 500, Gold Price, Crude Oil Technical Outlook & More” by Paul Robinson, Currency Strategist
  3. “CAD Technical Analysis Overview: USD/CAD, EUR/CAD” by Justin McQueen, Market Analyst
  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 Justin.mcqueen@ig.com

Follow Justin on Twitter @JMcQueenFX

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

DISCLOSURES

Related Articles

Silver and Gold Prices Ripe for Retreat Ahead FOMC Outlook?
Silver and Gold Prices Ripe for Retreat Ahead FOMC Outlook?
2020-01-28 05:00:00
Euro May Fall with DAX Index as Coronavirus Spreads into Europe
Euro May Fall with DAX Index as Coronavirus Spreads into Europe
2020-01-28 04:00:00
Silver (XAG) Price Forecast: Can Risk Aversion Fuel a Silver Rally?
Silver (XAG) Price Forecast: Can Risk Aversion Fuel a Silver Rally?
2020-01-27 22:30:00
Nasdaq 100, S&P 500 Forecasts: Will the Tumble Continue Despite Apple Earnings, FOMC Meeting?
Nasdaq 100, S&P 500 Forecasts: Will the Tumble Continue Despite Apple Earnings, FOMC Meeting?
2020-01-27 19:35:00
Advertisement

Rates

EUR/USD
Mixed
Oil - Brent Crude
News & Analysis at your fingertips.