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
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
  • Bitcoin price action loses traction below the key psychological level of $48,000. Get your market update from @Tams707 here:
  • the S&P 500 has tested this resistance zone every day this week 4472-4479 $ES $SPY $SPX buyers haven't given up, have continued to offer support with higher lows over the past few days current support at 50% fibo of aug-sept mm
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
  • $USD breakout pulling back a bit but so far, that pullback has held support in the prior resistance zone $DXY
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
  • ECB's Makhlouf says fears of excessive inflation are exaggerated $EUR
  • It seems the markets are riding high, but risk is always lurking around the corner. Consider your escape plan before you find yourself in collapsing market. What are the top havens for different conditions in 2021? Find out from @JohnKicklighter here:
  • Angola to cut November oil exports to lowest since at least 2008 - Angola exported 1.1mbpd of crude oil in September, according to Refinitiv
  • ECB's Kazaks - The 2% price target will not be met in the medium term - Inflation outlook likely to be revised higher
  • Emotions are often a key driving force behind FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:
AUD, NZD Outperforms, US Rates Rally Hits Tech Stocks  - US Market Open

AUD, NZD Outperforms, US Rates Rally Hits Tech Stocks - US Market Open

Justin McQueen, Strategist

USD, EUR/USD, USD/JPY Analysis & News

  • AUD, NZD Outperforms on Base Metals Surge
  • GBP Maintains 1.40 as UK Looks to Lift Restrictions
  • US Rates Hits Tech Stocks

QUICK TAKE: AUD, NZD Outperforms, US Rates Rally Hits Tech Stocks

Equities: Equity markets are beginning the week on the backfoot with tech stocks among the notable laggards as US rates continue its rally. The question being debated now is how far can US rates rise until the equities start to feel significant pressure. S&P 500 futures had broken below the support area (3880-3900) that had underpinned the index for much of last week, the next level on the downside is the 20DMA at 3863.

S&P 500 Chart: Hourly Time Frame

AUD, NZD Outperforms, US Rates Rally Hits Tech Stocks  - US Market Open

Euro Stoxx 50 Sector Breakdown

Outperformers:Energy (0.3%), Financials (0.1%),Healthcare (-0.1%)

Laggards: Technology (-2.2%), Consumer Staples (-1%), Utilities (-0.9%)

US Futures: S&P 500 (-0.6%), DJIA (-0.5%), Nasdaq 100 (-1.1%)

Intra-day FX Performance

AUD, NZD Outperforms, US Rates Rally Hits Tech Stocks  - US Market Open

FX: Choppy performance across the FX space with initial USD gains paring throughout the European session. Antipodeans are off to strong start as the reflation narrative continues to take shape. Strong gains in base metals has helped underpin the Aussie, which briefly broke above 0.7900, while NZD looks to RBNZ (full analysis here).

Bullish momentum in the Pound has shown little signs of easing up as GBP/USD maintains a foothold above 1.40. UK PM Johnson is set to announce a roadmap to lifting restrictions (full report)

Commodities: Gold has managed to reclaim the 1800 level as the pullback in the US Dollar lends support, while the easing of US yields in recent trade has also provided modest support. That said, risks continue to remain tilted to the downside, with resistance at 1830-40 likely to cap further upside in the precious metal.

Looking ahead: Little left on the economic calendar, however, focus will be on tomorrow’s testimony by Fed Chair Powell.

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