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.

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
EUR/USD
Mixed
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • Missed today's Cross-Market Weekly Outlook webinar? See the recording here: US Dollar May Rise as Gold Drops on Fed Policy Meeting - https://t.co/olkUupAf3i #Dollar #FOMC #Fed
  • Heads Up:🇩🇪 Bundesbank Mauderer Speech due at 10:45 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-01-25
  • UK PM Johnson says looking at relaxing some measures before mid-Feb - Sky News
  • German Economy Ministry expects economy to reach pre-crisis levels in Mid-2022
  • Italian PM Conte is not planning on resigning with view to forming new government - source - $EUR
  • 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: https://t.co/eILWbFgHRE https://t.co/6wwUzYPx06
  • 🇩🇪 Ifo Business Climate (JAN) Actual: 90.1 Expected: 91.8 Previous: 92.2 https://www.dailyfx.com/economic-calendar#2021-01-25
  • 🇩🇪 Ifo Business Climate (JAN) Actual: 90.1 Expected: 91.8 Previous: 92.1 https://www.dailyfx.com/economic-calendar#2021-01-25
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in EUR/JPY are at opposite extremes with 65.27%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ZP288xVLpV
  • Heads Up:🇩🇪 Ifo Business Climate (JAN) due at 09:00 GMT (15min) Expected: 91.8 Previous: 92.1 https://www.dailyfx.com/economic-calendar#2021-01-25
Forex: G20 Gives Tacit Approval for USD/JPY Rise but Will it Climb?

Forex: G20 Gives Tacit Approval for USD/JPY Rise but Will it Climb?

John Kicklighter, Chief Strategist

Yen traders backed off their positive carry trades heading into the weekend G20 meeting for fear the group would throw the breaks on the surge of USDJPY and its yen-based counterparts. However, the group didn't labeled Japan a participant in a currency war, and it went on to support the country's effort to end deflation. The true competition in stimulus continues, and currencies suffer the fall out. In today's video we discuss where the yen crosses will go from here as well as unique position of the Euro as the ECB allows its balance sheet to contract.

New to FX? Watch this Video (Initial login required)

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