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.



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
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • The US Dollar has now slumped after its early morning strength, with the $DXY falling from around 90.80 to currently trade below 90.50. $USD
  • GameStop is pushing fresh record highs just north of 480. And yet, the other supercharged shortsqueezes - AMC, BB, BBY, EXPR, etc - are pulling back a little but still very volatility
  • The DAX 30 is struggling to recover from yesterday’s selloff as risk-off sentiment took control of the markets. Get your stock market update from @HathornSabin here:
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Silver: 5.19% Gold: 0.75% Oil - US Crude: 0.75% View the performance of all markets via
  • 🇺🇸 CB Leading Index MoM (DEC) Actual: 0.3% Expected: 0.3% Previous: 0.7%
  • 🇺🇸 New Home Sales MoM (DEC) Actual: 1.6% Expected: 1.9% Previous: -12.6%
  • The first look at US GDP in Q4 saw an increase of 4%, printing in line with expectations. However, while adding to the record mechanical increase in Q3. Get your market update from @JMcQueenFX here:
  • 🇺🇸 CB Leading Index MoM (DEC) Actual: 0.3% Expected: 0.3% Previous: 0.6%
  • Join us for a special #webinar at 11:00 AM EST/16:00 GMT where you can learn how to identify price trends with trader sentiment. Register here:
  • 🇺🇸 New Home Sales MoM (DEC) Actual: 1.6 Expected: 1.9% Previous: -11%
Video: Trend Potential Behind Abrupt Dollar Rally, Aussie Plunge?

Video: Trend Potential Behind Abrupt Dollar Rally, Aussie Plunge?

John Kicklighter, Chief Strategist

Talking Points:

  • The Dollar posted its biggest rally since November, but the recovery finds few technical or fundamental cues
  • An RBA rate cut was seen as a 50/50 possibility by the market, and a move to 1.75% certainly surprised Aussie bulls
  • Dollar event risk is the most concentrated ahead, but serious movement will likely be relegated to themes

See how retail traders are positioning in the USD-based pairs after the strong rally using the FXCM SSI readings on DailyFX's sentiment page.

The Dollar has posted its biggest daily rally in six months, but does this look like a convincing recovery for the battered currency? We have seen moves of this magnitude signal both the beginning and end of bullish legs for the Greenback over the past 12 months. This particular updraft occurs at an unusual time. Compared to the previous year's swells, the momentum is distinctly behind the bears. Initiating from a fresh 11-month low and without the drive of definable fundamental support - either data or theme. That has lead to remarkable technical conditions for the likes of EUR/USD, USD/JPY and USD/CAD. For the Aussie Dollar, an RBA rate cut is a tangible lever for the sudden currency drop. AUD/USD cleared support and AUD/JPY has been driven to the floor of its 2016 range. Yet, here too, follow through likely requires more than what we have in offer. We take a stock of the FX market after a surge of volatility 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.