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
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
Mixed
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
GBP/USD
Mixed
USD/JPY
Mixed
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
More View more
Real Time News
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here: https://t.co/9S5tXIs3SX https://t.co/Q0yRRpMpPX
  • 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/pSeSiNnmHe
  • 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/iVOEuK40rn
  • Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to the trading plan, and builds confidence. Learn how to stick to the plan, stay disciplined, and use a checklist here: https://t.co/SQUCCYRCIk https://t.co/ltEO5dpKux
  • WTI crude oil is currently trading up against major resistance via the 2019 and 2020 highs within the confines of a channel; something has to give. Get your market update from @PaulRobinsonFX here: https://t.co/MO9foRjm2y https://t.co/YhBFdvZDEb
  • The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs. Get your market update from @ddubrovskyFX here:https://t.co/fKCHELbOxo https://t.co/eVDwmFTaIg
  • Use this technical analysis pattern recognition skills test to sharpen your knowledge: https://t.co/Qgz89PTxnu https://t.co/8B8hqHahm1
  • The US Dollar finished off an eventful week after CPI and retail sales injected volatility into markets. FOMC is now in the Greenback’s sights as taper talks linger. Get your market update from @FxWestwater here: https://t.co/MHi0lfQ93j https://t.co/4XetwYAaNd
  • Get your snapshot update of the of market open and closing times for each major trading hub around the globe here: https://t.co/BgZLFljIhZ https://t.co/ZZRLV0Wkea
  • The Nasdaq 100 index has likely formed a bearish Gartley pattern, which hints at further downside potential. Negative MACD divergence on the weekly chart suggests that upward momentum may be fading. Get your market update from @margaretyjy here: https://t.co/GkMEkVA7YR https://t.co/E1vyCMVt6K
DailyFX European Market Wrap: Equities Mixed on First Day of New Month, Quarter

DailyFX European Market Wrap: Equities Mixed on First Day of New Month, Quarter

Katie Pilbeam,

On the first trading day of the second quarter and European markets are mixed with London feeling nervous ahead of trade talks between the US and China while Germany’s DAX heads for another all-time high.

There’s been lots of data releases with UK’s manufacturing sector weakened slightly in March with the PMI figure slipping to 54.2 from a downwardly revised 54.5 in February, undershooting economists' forecast of 55. The survey revealed that this sector lost some of its momentum as export orders grew at a slower pace and demand for consumer goods dropped against a backdrop of rising inflation pressures. Following those UK manufacturing figures, which showed that growth in the sector slowed slightly in March, the pound has fallen to $1.2499 against the dollar.

Meanwhile, Eurozone factory growth hits six-year high. Companies reported a surge of orders from domestic and export clients, leading to faster job creation, driving the manufacturing PMI up to 56.2 in March, up from 55.4 in February. It’s growing so fast – that some firms are saying that their suppliers are struggling to meet demand.

And more good news...Eurozone unemployment has fallen to an eight-year low. The eurozone jobless rate fell to 9.5% in February, down from 9.6% in January, the lowest rate recorded in the euro area since May 2009.

Imagination Technologies’ share price has taken a pounding after it made shock announcement that Apple, its largest customer, will no longer use its intellectual property in its new products. Apple provides around half of its revenue by using its intellectual property in iPhones, iPads, and iPods. But it’s not over, Imagination said it will be “extremely challenging” for Apple to design new chip architecture without infringing its intellectual property rights. Their business deal will cease to exist in about 15 months’ time.

--- Written by Katie Pilbeam, DailyFX

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

DISCLOSURES