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
Forex: AUD/USD Breaks Higher as Dow Hits Record, Wait on ECB for EUR/USD

Forex: AUD/USD Breaks Higher as Dow Hits Record, Wait on ECB for EUR/USD

John Kicklighter, Chief Strategist

The Dow Jones Industrial Average surged to record highs this past session, but the 'risk on' sentiment seemed weak for the FX market. As always, the lack of solid fundamental support for an otherwise stimulus-led move demands caution; but we have seen what trading against a committed central bank or central banks can do to trades. In today's video, we run through the appealing setups for a positive and negative risk outlook with a mind towards looming event risk including: the ECB rate decision, NFPs, BoC decision, BoE decision and BoJ stimulus commitment.

Take this quiz to assess your trading IQ! (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