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.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
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
USD/JPY
Bearish
Gold
Bullish
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • RT @LizAnnSonders: Temp staffing (leading indicator) declining at fastest pace in a decade @DeutscheBank @SoberLook https://t.co/OLqsIAqytP
  • 👀☕️ And take a look at that C&H https://t.co/fFxj4Y601R
  • Over the past 30 days, #ARS, #COP and the #MXN have been the best performing Latin American currencies vs. USD with 6.91%, 1.04% and 0.99% total returns.
  • Join @IlyaSpivak 's #webinar at 10:00 PM ET/3:00 AM GMT to prepare for the week ahead in trading the $AUDUSD Register here: https://t.co/sZNWPVRHA0 https://t.co/VlRRVxsszf
  • This topic is a growing risk to markets due to potential Chinese intervention sparking capital flight. For perspective, Hong Kong is the world’s third largest financial hub. Keeping close tabs on protests, $HSI, $USDHKD, the HKMA and also outcome of US congress vote on HK bill. https://t.co/97mGE9DnEG
  • Since late July, the economic news flow from Sweden has been under-performing relative to economists’ expectations however there has been some improvement since early October. -Citi #SEK
  • Stay tuned for my Nordic fundamental outlook⚠️ FX options imply that the Swedish Krona🇸🇪 and Norwegian Krone🇳🇴 are going to be the most volatile of the G10 in the week ahead ⚡️ #SEK #NOK #G10FX https://t.co/FfeggiIjFQ
  • The $JPY has posted some rare gains against the US Dollar on its daily chart, but important channel support still holds on an intraday basis. Keep a close eye on it now. Get your market update from @DavidCottleFX here:https://t.co/ReMGzu6OjP https://t.co/a0Gd2IAvib
  • RT @YahooFinance: A history of Fed chairs visiting the White House https://t.co/QAVHvHlcSp by @bcheungz https://t.co/bSCkMOBiNA
  • RT @WinfieldSmart: Temp staffing (leading indicator) https://t.co/3NfRM0XMN3
Forex: Whether EUR/JPY's Rally or AUD/USD Retreat, Watch Risk

Forex: Whether EUR/JPY's Rally or AUD/USD Retreat, Watch Risk

2012-11-30 04:25:00
John Kicklighter, Chief Currency Strategist
Share:

There was considerable event risk this past trading session, but the market did not respond as expected. The speculative-favored S&P 500 continued its climb despite signs that the stand off on the Fiscal Cliff was growing heated. At the same time, the safe-haven US dollar managed to gain traction against some of its higher risk profile countparts. The sparks are flying and volatility is picking up, but speculative bearings remain mixed. That creates a dangerous trading environment. In today's video, we discuss what this disconnect means for our trading as well as why stand outs (like the yen crosses) will struggle without the bigger theme carrying a trend.

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

News & Analysis at your fingertips.