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.

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
More View more
Real Time News
  • The oil-CAD relationship has been on display over the past month as both markets have been bursting with strength. Get your $USDCAD market update from @JStanleyFX here:https://t.co/nvbZVwg8NQ https://t.co/aVrf5Gws1Q
  • After making a fresh all-time high, Bitcoin has retreated slightly. Now trading back below $66,000 #Bitcoin $BTCUSD https://t.co/h7MRbR13Ju
  • NZD/USD takes out the September high (0.7170) as it extends the advance following the kneejerk reaction to the US consumer Price Index (CPI). Get your market update from @DavidJSong here:https://t.co/QtOtKrJ7X2 https://t.co/0ZP406evUS
  • FDA approves Moderna and Johnson & Johnson Covid booster shots - BBG $MRNA $JNJ
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.68% 🇦🇺AUD: 0.57% 🇨🇭CHF: 0.45% 🇬🇧GBP: 0.22% 🇪🇺EUR: 0.16% 🇯🇵JPY: 0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/s6QjvuMoVM
  • Fed's Mester: - My inflation forecast for this year has been revised - My expectations are that bottlenecks will last longer than originally expected
  • Fed's Mester: - Interest rate hikes are not coming anytime soon - As asset purchases slow down, we will have time to assess inflation and employment
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 2.66% Gold: 0.67% Oil - US Crude: 0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/vFDDklTKD3
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.48%, while traders in Wall Street are at opposite extremes with 77.57%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ojedFqGrS2
  • The FTSE 100 index of leading London-listed stocks is in a good position to climb further, helped by Wall Street strength. Get your market update from @MartinSEssex here:https://t.co/DMsdDCgvLr https://t.co/CAdKQ1ENwv
Trading Video: Risk Trends and the RBNZ Take Over for Dollar and Greece

Trading Video: Risk Trends and the RBNZ Take Over for Dollar and Greece

John Kicklighter, Chief Strategist

Talking Points:

• Progress towards a third Greek rescue means Euro volatility has settled, but it is also free to trade

• In the week ahead, a lull in event risk finds the RBNZ rate decision top event risk with a heavy bias

• Risk trends will be a dominant theme after much of the risk premium has been squeezed in the equity bounce

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 Euro is free to move with Greece's clouds clearing, the Dollar awaits the next FOMC decision, risk trends are stretched and the RBNZ is top event risk. Conditions have changed substantially for the FX and financial markets from a week ago, but there is still plenty of opportunity to be found going forward. Last week, the focus was on a Greek crisis, Chinese market stability and rate speculation with Fed Chair Janet Yellen testifying. All three themes have tempered, but that simply means the is free to slide and the Greenback refocuses on key event risk due in the final weak of July. Meanwhile, another set of high profile fundamental weight will take over in the form of global equities conspicuously flagging as record highs come into view (a precarious 'risk appetite' signal) and a heavily-speculated rate cut for New Zealand's central bank sets up strong potential for the Kiwi. We look at the major currents in the markets ahead as well as those areas were steady conditions offer different trade opportunities in this Weekend Trading Video.

Which Hits New Highs First - Or At All - USD or SPX?

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