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
Bearish
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Retail trader signals still hint that the Dow Jones and S&P 500 may be at risk, placing the focus on year-long rising trendlines to see if dominant upside biases hold.Get your market update from @ddubrovskyFX here:https://t.co/lFpzIFNmzW https://t.co/ScKuhjL27N
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.84% Gold: -0.18% Silver: -0.66% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/0ehtSBFwit
  • BoJ's Kuroda: Importance of keeping yield curve low remains unchanged, appropriate to increase flexibility of ETF purchases -BBG
  • BoJ's Kuroda: Don't think it is necessary to expand long-term yield band -BBG
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.06% 🇬🇧GBP: 0.06% 🇨🇦CAD: 0.05% 🇪🇺EUR: -0.08% 🇦🇺AUD: -0.12% 🇳🇿NZD: -0.23% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/sirt9n9Boq
  • Japan's Prime Minister Suga: Hard to restart 'go to' travel within this fiscal year -BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.79%, while traders in GBP/JPY are at opposite extremes with 69.67%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/hSQ1fvmKmy
  • China to promote property tax legislation in 2021-2025 - BBG
  • The path for the Japanese Yen seems to favor the downside looking at a majors-based index. USD/JPY may rise within its Ascending Channel, but there is some scope for a healthy correction. Get your market update from @ddubrovskyFX here:https://t.co/7XFJiCYYEM https://t.co/6KKmNmx51t
  • China aims to increase security of mining reserves over 5 years - BBG
Trading Video: Equities Threaten a Turn, Dollar Not Yet Impressed

Trading Video: Equities Threaten a Turn, Dollar Not Yet Impressed

John Kicklighter, Chief Strategist

Talking Points:

• Event risk put the focus on rate forecasts, but risk trends carried the greater weight

• Global equities were fading - raising the threat level on a possible risk reversal

• Meanwhile, tepid data from the UK and status quo from Fed speakers couldn't drive GBPUSD below 1.7000

See volume behind the majors during the NFPs and ECB rate decision to gauge your trading approach using the free FXCM Real Volume and Transactions indicators.

Discontent is stirring amongst the contented speculators. Low volatility and an appetite for yield go hand-in-hand, but even die-hard bulls doubt its much longer lived. Given the breadth of opportunity, market participants are itching for the swell of trend and abundance of opportunity that comes along with a shift in speculative appetites. Yet, we have seen too many starts to be drawn in without confirmation. Global equities made the biggest contribution to a risk interest with heavy selling particularly in Europe. However, that is only the first level of a risk-derived move. Volatility measures, FX participation and fundamental moorings are necessary to alter such a remarkable trend. Will we finally find it? We discuss what to watch and what to trade in today's Trading 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