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 Nasdaq 100 and Russell 2000 find themselves with significantly different technical formations but traders may find cause for optimism in both indices. Get your weekly equities technical forecast from @PeterHanksFX here: https://t.co/22fvav620W https://t.co/ajXEhMQhUp
  • 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/wRwHXFbbBW
  • 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/ZWwGB8J6I7
  • Ethereum is starting to outperform Bitcoin again ahead of ETH’s latest upgrade, while Binance continues to pare back business areas amid ongoing regulatory pressure. Get your crypto forecast from @nickcawley1 here: https://t.co/ul4TIfI9bv https://t.co/Ht5Mr0uu91
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9Flsqcxo9 https://t.co/m06h4hjwVP
  • It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here: https://t.co/zEEUHZBx7g https://t.co/LcfxFxFrTY
  • Forex sentiment analysis can be a useful tool to help traders understand and act on price behavior. Learn how to get the most out of understanding trader sentiment here: https://t.co/rJznrXkcYz https://t.co/UgYlEILK5n
  • Emotions are often a key driving force behind FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here: https://t.co/eILWbFgHRE https://t.co/BXp2z6E0Kl
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here: https://t.co/kODPAfJE79 https://t.co/xGuTYZqYwh
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here: https://t.co/reRmDe1Ksp https://t.co/EvRHfRQLgk
Focus on Post-NFP Dollar and Risk Trends, Rather Than Monday Wobble

Focus on Post-NFP Dollar and Risk Trends, Rather Than Monday Wobble

John Kicklighter, Chief Strategist

Talking Points:

• Friday's NFPs has reinforced an undercurrent of market speculation of an impending Fed hike

• Monday would see more follow through on the moral hazard pinch from the S&P 500 rather than USD's 12-year high

• Trend for the Dollar and 'risk' should remain the focus through pauses in volatility

See how retail traders are positioning in the majors in your charts using the FXCM SSI snapshot.

The Dollar's progress Friday was dramatic. The biggest daily swell in 7 months would clear a 12-year high. It's fundamental drive originated from one of the key concerned listed by the G20 and IMF: the global implications of Fed tightening. And yet, despite the attention and the perceived scope of the development, the Dollar wouldn't follow up with immediate momentum after the weekend. Risk trends would take the second phase forward with US equity benchmark S&P 500 turning its persistent six-week trend short of a record high. Yet, here too, the intensity does not match the depth to the fundamental driver. Hesitation shouldn't surprise anyone in these markets as complacency is as sticky as disinflation. Yet, the underlying change is already in motion. Keep an eye on the big picture as market participants grow more fatalistic about their excessive exposure. We look at the stop-and-go momentum versus key fundamental developments in today's Trading Video.

Focus on Post-NFP Dollar and Risk Trends, Rather Than Monday Wobble

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