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
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
Oil - US Crude
Wall Street
More View more
Real Time News
  • 🇲🇽 Unemployment Rate (DEC) Actual: 3.8% Expected: 4.3% Previous: 4.4%
  • The bull flag pattern is a great pattern to add to a forex trader's technical arsenal. Explosive moves are often associated with the bull flag. Learn more about the bull flag pattern here:
  • 🇲🇽 Unemployment Rate (DEC) Actual: 3.8 Expected: 4.3% Previous: 4.4%
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Wall Street are at opposite extremes with 70.59%. See the summary chart below and full details and charts on DailyFX:
  • Heads Up:🇲🇽 Unemployment Rate (DEC) due at 12:00 GMT (15min) Expected: 4.3% Previous: 4.4%
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Silver: 0.31% Gold: 0.02% Oil - US Crude: -0.82% View the performance of all markets via
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.53% 🇬🇧GBP: 0.43% 🇦🇺AUD: 0.27% 🇨🇭CHF: 0.18% 🇯🇵JPY: 0.10% 🇨🇦CAD: 0.03% View the performance of all markets via
  • Euro’s forecast this quarter? Get your free forecast here: #DailyFXGuides
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.49% US 500: 0.24% Wall Street: 0.16% FTSE 100: 0.14% France 40: -0.07% View the performance of all markets via
  • #HSI Hang Seng Index finished slightly below 30,000 mark as Southbound net flow via the stock connections fell three days in a row to HK$ 16,263 million, from a record high of 26,592 million on Jan 19th. Total southbound flows contributed to 31% HKEX's daily turnover on Thur.
The Worst S&P 500 Run in 8 Years but Is It Trade-worthy?

The Worst S&P 500 Run in 8 Years but Is It Trade-worthy?

John Kicklighter, Chief Strategist

Talking Points:

  • Risk aversion is showing through most sentiment-connected assets, but few as clearly as SPX
  • NFPs are ahead, but the preoccupation with next week's US Presidential Election will distort
  • Pound's rally charged more by High Court ruling on Parliament's Brexit say than BoE's shift

See the DailyFX Analysts' 4Q forecasts for the Dollar, Euro, Pound, Equities and Gold in the DailyFX Trading Guides page.

The S&P 500 has dropped for 8 consecutive trading sessions through Thursday's close. That is the longest series of daily declines for one of the most stubborn 'risk on' benchmarks since October 2008. There is little doubt that this is a risk-motivated move given the pace and the coordination with other asset classes that do not relate other than through sentiment. Given the seeming conviction and the noteworthy technical progress - the SPX looks to be breaking a head-and-shoulders neckline - it would seem a clear opportunity. However, there is considerable risk to trading not just particular alluring patterns but the theme itself. Weigh the circumstances before you decide to place a macro trade.

While we are already sporting a strong, elemental market wind and the ever-rousing NFPs are due in Friday's session; there is a blaring distraction for the market: the US Presidential Election. With the hours ticking down to one of the most contentious votes in modern US politics, it is difficult for investors to confidently take a large and/or lasting position on the markets before the results are in. What's more, the fixation has further increased not just because of the proximity but also due to the narrowing of the polls. According to recent surveys Donald Trump and Hillary Clinton are neck and neck. Rather than fueling fear of a specific candidate's win, this is genuine anxiety in not having a clear outcome to prepare for.

As new polls continue to fuel Americans' and traders' speculation, it will be difficult to motivate the Dollar or general market benchmarks whether the US labor report surprises or not. Outside of the risk and US monetary policy spectrum, the Pound may continue to respond to this past session's developments. The Bank of England (BoE) eased back from its dire outlook and aggressive stimulus response, but the true market mover was the High Court's ruling. The three-person judicial body decided that Parliament has a say in the Brexit conditions, which has bolstered the Pound on presumptions that a 'Hard Brexit' is less likely. Another currency to keep an eye on outside the strong currents is the Canadian Dollar. Canadian employment statistics may break the oil vs Dollar impasse that has kept USD/CAD range bound. We discuss these conditions and catalysts in today's Trading Video.

The Worst S&P 500 Run in 8 Years but Is It Trade-worthy? The Worst S&P 500 Run in 8 Years but Is It Trade-worthy?

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.