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.

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
More View more
Real Time News
  • (ASEAN Tech) US Dollar Bounces off Key Trendlines and Support: USD/SGD, USD/THB, USD/IDR, USD/PHP #USD $USDSGD $USDTHB $USDIDR $USDPHP https://www.dailyfx.com/forex/technical/article/special_report/2021/10/28/US-Dollar-Bounces-off-Key-Trendlines-and-Support-USDSGD-USDTHB-USDIDR-USDPHP.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/EUB4EbPdSX
  • Further your forex knowledge and gain insights from our expert analysts @ddubrovskyFX and @FxWestwater on JPY with our free Q4 market analysis guide, available for free today. https://t.co/xpwkc39X5M
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.75%, while traders in USD/JPY are at opposite extremes with 73.09%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/6bUTL5FBE8
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.19% 🇳🇿NZD: 0.16% 🇪🇺EUR: 0.02% 🇨🇭CHF: -0.04% 🇦🇺AUD: -0.10% 🇨🇦CAD: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ljUgiY0Okl
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: US 500: 0.18% Wall Street: 0.16% FTSE 100: 0.06% Germany 30: -0.01% France 40: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/iW9yhyAQz7
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn more about controlling greed here: https://t.co/5GXReUsKRj https://t.co/mO5zLx9fYU
  • 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: https://t.co/zEEUHZBx7g https://t.co/h4IobFxst9
  • Earnings will remain a key theme ahead with AMZN and AAPL due to follow GOOG's and MSFT's failure to push a Nasdaq 100 to record highs while the ECB will follow in the BOC's and Brazil hawkish policy mix. That said, I'm watching the Dollar most closely: https://www.dailyfx.com/forex/video/daily_news_report/2021/10/28/Nasdaq-100-Fails-to-Break-Despite-Google-EURUSD-Will-Struggle-for-Break-Despite-Heavy-Event-Risk.html https://t.co/dyXrxok07K
  • 🇯🇵 BoJ Interest Rate Decision Actual: -0.1% Expected: -0.1% Previous: -0.1% https://www.dailyfx.com/economic-calendar#2021-10-28
  • Heads Up:🇯🇵 BoJ Quarterly Outlook Report due at 03:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-10-28
Forex: Fiscal Cliff and Euro Crisis Keep EURUSD, AUDJPY in Play

Forex: Fiscal Cliff and Euro Crisis Keep EURUSD, AUDJPY in Play

John Kicklighter, Chief Strategist

Though we had US elections and Euro-area meetings last week, officials have made progress on neither the Fiscal Cliff nor the Eurozone debt crisis. For Forex traders, that means volatility is still on the menu and risk trends are highly vulnerable. Straightfoward risk aversion would set up pairs like EURUSD, AUDUSD and AUDJPY with greater trade potential...but there are abornmalities that we much account for. Those assets on the high-end of the yield curve have been warped by stimulus and extremely low potential for return, but so too have the safe havens been distorted. We discuss changes in the market and what trades still look good for sentiment changes.

New to FX? Watch this Video.

Sign up for John’s email distribution list, here.

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

DISCLOSURES