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
Bullish
Oil - US Crude
Bullish
Wall Street
Mixed
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
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Another day of pingpong halts for GME already
  • The US Dollar has now slumped after its early morning strength, with the $DXY falling from around 90.80 to currently trade below 90.50. $USD https://t.co/9P6gO3HaZZ
  • GameStop is pushing fresh record highs just north of 480. And yet, the other supercharged shortsqueezes - AMC, BB, BBY, EXPR, etc - are pulling back a little but still very volatility
  • The DAX 30 is struggling to recover from yesterday’s selloff as risk-off sentiment took control of the markets. Get your stock market update from @HathornSabin here: https://t.co/EFVvYy7ypH https://t.co/BjEB5XgGUW
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Silver: 5.19% Gold: 0.75% Oil - US Crude: 0.75% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/lwGHX3NAJm
  • 🇺🇸 CB Leading Index MoM (DEC) Actual: 0.3% Expected: 0.3% Previous: 0.7% https://www.dailyfx.com/economic-calendar#2021-01-28
  • 🇺🇸 New Home Sales MoM (DEC) Actual: 1.6% Expected: 1.9% Previous: -12.6% https://www.dailyfx.com/economic-calendar#2021-01-28
  • The first look at US GDP in Q4 saw an increase of 4%, printing in line with expectations. However, while adding to the record mechanical increase in Q3. Get your market update from @JMcQueenFX here:https://t.co/65o9MC8Xar https://t.co/AxzROiHqPw
  • 🇺🇸 CB Leading Index MoM (DEC) Actual: 0.3% Expected: 0.3% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-01-28
  • Join us for a special #webinar at 11:00 AM EST/16:00 GMT where you can learn how to identify price trends with trader sentiment. Register here: https://t.co/f3KVVN9eyy https://t.co/fNFjQdbLKY
Forex: US Dollar and Yen Crosses - Breakout vs Reversal

Forex: US Dollar and Yen Crosses - Breakout vs Reversal

John Kicklighter, Chief Strategist

The dollar avoided a critical breakdown this past week, but that doesn't mean the currency is back on pace for a renewed bull trend. The next meaningful, financial market trend will require an escalation from Fed Taper speculation to full-scale risk aversion. Given the exceptional moves by the greenback, Treasuries and emerging markets these past weeks and months, we have already seen investors move to price in the implications of higher rates in the US. And yet, the sanctuary of speculative positioning - US equities - have avoided the collapse so far. If the USDollar is to overtake 11,000 and the market's realign to a common theme, we will need a move to deleverage risk exposure. We discuss this concept, the possible catalysts and ideal trades in the weekend video.

Follow the key event risk mentioned in this video with the DailyFX Economic Calendar.

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