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
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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bearish
GBP/USD
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
USD/JPY
Bullish
More View more
Real Time News
  • Heads Up:🇬🇷 Unemployment Rate (FEB) due at 09:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-13
  • Heads Up:🇬🇷 Unemployment Rate (JAN) due at 09:00 GMT (15min) Previous: 15.8% https://www.dailyfx.com/economic-calendar#2021-05-13
  • Becoming a forex trader means living and breathing the excitement, risk and reward of trading in the biggest and most liquid market in the world. Do you have what it takes? Read here to discover the qualities and processes it takes to build consistency: https://t.co/EfWEACQ6Cz https://t.co/mFZ7MF273J
  • 🇨🇳 FDI (YTD) YoY (APR) Actual: 38.6% Previous: 39.9% https://www.dailyfx.com/economic-calendar#2021-05-13
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.13%, while traders in GBP/JPY are at opposite extremes with 65.06%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/7cb0zMMeyv
  • Heads Up:🇨🇳 FDI (YTD) YoY (APR) due at 08:00 GMT (15min) Actual: 38.6% Previous: 39.9% https://www.dailyfx.com/economic-calendar#2021-05-13
  • The US Dollar may rise further if #PPI data stokes inflation fears, helping #AUDUSD to complete a major bearish chart pattern - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/05/13/US-Dollar-May-Rise-Futher-as-PPI-Data-Stokes-Inflation-Fears.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #inflation #fed #yield https://t.co/jdqwQNUwUR
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here: https://t.co/8A1QhwMVKo https://t.co/o6Hjx9GLAj
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: 0.25% Silver: 0.03% Oil - US Crude: -1.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/F3GwOA9XUE
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.26% 🇨🇭CHF: 0.23% 🇳🇿NZD: 0.23% 🇦🇺AUD: 0.13% 🇬🇧GBP: 0.11% 🇨🇦CAD: 0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/siGeNlXpYf
Video: GBPUSD Dives After UK CPI, EURUSD Awaits Clear Risk

Video: GBPUSD Dives After UK CPI, EURUSD Awaits Clear Risk

John Kicklighter, Chief Strategist

Talking Points:

• Risk trends leveled off this past session, opening pairs like GBPUSD to rate speculation

• A global easing in growth and price pressures has spilled into the UK and tripped up the Pound

• Pairs like EURUSD and the Yen crosses await clear and definitive risk cues to spark

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

The swell in fear eased this past session, allowing the FX market's other primary driver to leverage volatility for pairs like GBPUSD. With growth and inflation forecasts dropping globally, we have seen monetary policy bearings for the likes of the Eurozone and US ease...albeit at different rates. Perhaps last to the downshift is the British Pound, which means it has the most to lose. The September UK CPI figures dropped to its slowest clip in five years, leading Sterling traders to question their positioning for near-term BoE hikes. There is plenty more market impact to squeeze out of monetary policy bearings, but the broadest trends most violent bouts of volatility will arise from risk trends. And at the top of the list for exposure may be EURUSD and that decade-long 1.2000 floor. We discuss this and more 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