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
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.72% 🇳🇿NZD: 0.65% 🇬🇧GBP: 0.49% 🇪🇺EUR: 0.12% 🇨🇭CHF: 0.05% 🇯🇵JPY: -0.07% View the performance of all markets via
  • Dramatic-looking Bearish Engulfing candle pattern with negative RSI divergence on the weekly #AUDUSD chart. A turn may be brewing.
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.78%, while traders in GBP/JPY are at opposite extremes with 66.27%. See the summary chart below and full details and charts on DailyFX:
  • Australian Dollar Unfazed by Chinese PMI as RBA Meeting Shifts Into View - $AUD $AUDUSD
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • RT @FxWestwater: Australian Dollar, APAC Markets Focus on Bond Yields to Start March Link: $AUDUSD…
  • 🇦🇺 Investment Lending for Homes (JAN) Actual: 9.4% Previous: 8.2%
  • 🇦🇺 Home Loans MoM (JAN) Actual: 10.9% Previous: 8.7%
  • Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Feb 01, 2021 when Wall Street traded near 30,246.40. A contrarian view of crowd sentiment points to Wall Street weakness.
While Dollar Awaits Fed, Italy and ECB Threaten EUR/USD

While Dollar Awaits Fed, Italy and ECB Threaten EUR/USD

John Kicklighter, Chief Strategist

Talking Points:

  • NFPs failed to significantly alter the market's certainty of a Fed hike this month, leaving the Dollar undetonated
  • While conviction for USD and S&P 500 will look ahead to Dec 14 (FOMC), the Euro may take the global reins this week
  • Top event risk ahead includes: the Italian Referendum; ECB, RBA and BoC rate decisions; US 3Q wealth; and more

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

Neither the US Dollar or the S&P 500 found a clear backing of conviction before liquidity drained for the weekend. The ICE Dollar Index closed at the neckline of head-and-shoulders pattern that has formed at 13-year highs. For the benchmark equity index, this past week's modest retreat has not taken significant pressure off the very-speculative, post-election rally to record highs. That may lead some to believe that the markets are now set to remain on hold until the FOMC rate decision on December the 14th tugs at a critical, structural thread. However, risk trends may not be willing to hold its breath. Even the Dollar may be driven to trend through offshore waves.

While there is plenty of event risk on the docket for the coming week, the true heft rests with the Euro's docket. The weekend Italian Constitutional Referendum carries a similar influence for the global financial system that the UK Referendum and US Presidential election did before it. While this event holds obvious implications for Italian markets, the more profound implication is the risk that a 'No' vote would undermine the Italian government and potentially offer another foothold for the global rise of populist pressure from a group that has championed the country's own EU Referendum call. Later in the week, the ECB rate decision puts the spotlight back on President Mario Draghi and the sticky situation of shaping the end of the central bank's massive stimulus program.

Looking at the docket, the ECB isn't the only central bank meeting on tap. The Reserve Bank of Australia (RBA), Bank of Canada (BoC) and Reserve Bank of India (RBI) are all set to meet. Their size and orthodox policy routes won't hit the same pitch as the European group's deliberation; but the collective bearing for risk trends and focused volatility for local assets are significant. The full economic docket will provide indicators of every measure and cover the global financial system. And, ensuring the focus is not just set on the calendar; there are plenty of technical situations which leverage tension with a clear pressure for resolution - like US Oil price's post OPEC meeting rally holding at 15-month range resistance at 52. We discuss the big picture risks and opportunities for the market over the coming week in this weekend Trading Video.

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

While Dollar Awaits Fed, Italy and ECB Threaten EUR/USD

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