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
Bearish
Oil - US Crude
Bearish
Wall Street
Bullish
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
Gold
Bullish
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
GBP/USD
Bearish
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
Mixed
More View more
Real Time News
  • The dispute between the Federal Reserve and the Treasury Department concerned economists and government officials last week. Traders, however, appeared unfazed as U.S. equity markets proceeded to higher ground. Get your market update from @FxWestwater here:https://t.co/DKK7WWHKlu https://t.co/qxKvC8FAVd
  • The British Pound is eyeing a push to fresh yearly highs against the US Dollar. However, various technical setups suggest GBP could lose ground to JPY, EUR and NZD in the near term. Get your $GBP market update from @DanielGMoss here:https://t.co/NSUnZnPb4Q https://t.co/RuBAAWS37w
  • Deadline on TikTok sale on hold as talks continue with the U.S - BBG
  • Australian Dollar May Extend Gains Despite Escalating China Trade Tensions - https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2020/12/05/Australian-Dollar-May-Extend-Gains-Despite-Escalating-China-Trade-Tensions.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $AUD $AUDUSD https://t.co/dvwlnImvDl
  • IGCS hints that gold prices may reverse higher as the S&P 500 aims for new highs. Things are looking a little bit more choppy for the growth-linked Australian Dollar. Get your $AUD market update from @ddubrovskyFX here:https://t.co/xiaQOr5D7D https://t.co/ZIwVyai2m2
  • The US Dollar technical outlook remains broadly bearish against ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Malaysian Ringgit and Philippine Peso. Where to from here? Find out from @ddubrovskyFX here:https://t.co/ijSi1wlLpQ https://t.co/k34HQK8UXU
  • San Francisco issues new stay-at-home order for residents - Reuters via BBG
  • Productive procrastination = you have a list of tasks in varying degrees of importance and you put the most important and high-priority item on the bottom but still need to feel and be productive so you do other tasks while avoiding the thing u need to do the most. Familiar?
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.61% 🇬🇧GBP: -0.12% 🇨🇭CHF: -0.13% 🇪🇺EUR: -0.22% 🇯🇵JPY: -0.34% 🇳🇿NZD: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/OgYcNSUCI2
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Silver: 0.59% Gold: -0.10% Oil - US Crude: -0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Jc0b1GCn7D
Video: Unexpected Moves after Fed and RBNZ, BoJ and US GDP Ahead

Video: Unexpected Moves after Fed and RBNZ, BoJ and US GDP Ahead

2016-04-27 23:09:00
John Kicklighter, Chief Strategist
Share:

Talking Points:

  • The Fed kept rates unchanged and its statement bolstered rate forecasts, but the Dollar couldn't run on the data
  • Though it was considered significantly less influential, the Australian CPI leveraged the biggest AUD move
  • Importance didn't match market impact for UK GDP and RBNZ, will the same hold true of US GDP and BoJ?

See how retail traders are positioning in the Dollar-based majors after the Fed and before US GDP using the FXCM SSI readings on DailyFX's sentiment page.

The order of importance of this past session's event risk didn't match the order for which it impacted the market. The key FOMC rate decision and UK 1Q GDP figure - with influence that spans well beyond their own currency and regional assets - generated limited impact. In contrast a dip into deflationary territory pummeled the Australian Dollar and an RBNZ hold in policy (similar to the FOMC hold), leveraged an impressive New Zealand Dollar rally. Anticipation and surprise helped dictate this unexpected turn of events. Yet, limited initial engagement, these underlying themes must be kept in direct view. Ahead, we have another important round of event risk. Are we in for another surprising outcome? We discuss this in today's Trading Video.

To receive John’s analysis directly via email, please SIGN UP HERE

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES