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
Real Time News
  • Believe it or not, some stocks may actually be more attractive in a bear market. Learn more about Defensive stocks here:
  • Further your forex knowledge and gain insights from our expert analysts @JohnKicklighter and @JStanleyFX on $USD with our free Q4 market analysis guide, available for free today. #DailyFXGuides
  • Stocks looked poised to rally with risk sentiment generally strong and technical signposts supportive of higher levels. Get your weekly equities forecast from @PaulRobinsonFX here:
  • Volatility, volatility, volatility. It's talked about so often but how can a trader really incorporate this into their approach? Find out here:
  • Markets move in cycles, and stocks do too, with certain sectors carrying more attraction in various backdrops. Learn more here:
  • Bitcoin broke above $60k earlier in the session to a fresh multi-month high on the renewed expectation that the SEC will approve a futures-based Bitcoin ETF very soon. Get your weekly #Bitcoin forecast from @nickcawley1 here:
  • Further your stock trading knowledge and gain informed market analyses from our expert analysts @HathornSabin and @JMcQueenFX on Indexes with our free Q4 guide, available today. #Dailyfxguides
  • Get your basics right. Find out what is stock market volatility and how you can trade It here:
  • The Japanese Yen continues to be pummeled against most major currencies. Get your weekly Japanese Yen forecast from @HathornSabin here:
  • The US Dollar paused its advance against ASEAN currencies. USD/SGD eyes a key trendline, USD/THB risks stalling, USD/PHP enters consolidation as USD/IDR continues ranging. Get your market update from @ddubrovskyFX here:
Video: EURUSD Range Survives Yellen and Greece, What Can Break It?

Video: EURUSD Range Survives Yellen and Greece, What Can Break It?

John Kicklighter, Chief Strategist

Talking Points:

• Fed Chair Yellen's testimony moved the market closer to the reality of inevitable rate hikes

• Despite the growing 'mid-2015 rate hike' mantra in the market, the Dollar has failed to break or progress

• If monetary policy moderates as a driver for the FX market, the focus may return to risk trends and SPX

Want to test out all the premium tools and resources FXCM has to offer?We are holding an Open House

Despite a round of news that reinforced a 'mid-2015' Fed hike forecast, reminded us of impending ECB QE and kept the Greece negotiations off-balance; EURUSD refused to break a range that is little more than 100 points wide. Top news through the past session was Fed Chairwoman Janet Yellen's testimony before the Senate Banking Committee. In her remarks, carefully chosen language seems to reinforce a scenario where the Fed is preparing the market for a rate hike around the middle of the year. Yet, that scenario seems to be well priced - or at least skepticism to anything but a direct warning is dug in - as the USDollar failed to break its month-long congestion. Cues for a policy-led break are dispersed widely over the coming weeks, so this market dynamic may not prove the spark for our next drive. In the meantime, if risk trends pick up the baton; a moderation move by the S&P 500 can spur a range of opportunities. We look at the Dollar and broader market 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.