Skip to content
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.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar

Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar

John Kicklighter, Chief Strategist

Talking Points:

• Trends and volatility in the FX market is increasingly predicated on monetary policy threats and changes

• A warning that the Yen has dropped too rapidly, a PBoC rate cut and ECB Draghi comments stirred Friday

• While the Thanksgiving week may quiet capital markets, currencies will still be churning

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!

Central banks and other policy groups are increasingly responsible for FX-based volatility and trend development. This is just another evolution to what drives the markets, but this shift may also confer traders some benefit in the week ahead. If traditional 'risk' trends aren't needed to keep the currency market running, we will need to change our trading approach from what seasonality considerations would normal suggest for the 'Thanksgiving lull'. Through the end of this past week, ECB President Draghi drove the yen down with vows of more stimulus, the Aussie surged with a PBoC interest rate cut and the Yen rallied on an unexpected comment by Japan's Finance Minister. Trends founded on monetary policy disparities and volatility fed by data that shapes them will make for a more active trading week ahead. We discuss trading conditions, important technical setups and high-level fundamental themes in the weekend 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.