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.

Free Trading Guides
EUR/USD
Bearish
Oil - US Crude
Mixed
Wall Street
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
Gold
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
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
  • Natural Gas trading is popular among traders due to its volatility. How can you trade this? Find out here: https://t.co/SDFhhR5wUY https://t.co/Au0oR1dwOT
  • Why are Doji's so important? A Doji candlestick signals market indecision and the potential for a change in direction. Their wicks provide excellent guidelines regarding where a trader can place their stop. Learn about the different types here: https://t.co/2j3NgsL9cy https://t.co/mIhNe7VYOh
  • How can you trade #forex after a major release? Find out: https://t.co/sdxcXb8q60 #tradingstyle https://t.co/uSDOqqIcuH
  • Becoming a forex trader means living and breathing the excitement, risk and reward of trading in the biggest and most liquid market in the world. Do you have what it takes? Read here to discover the qualities and processes it takes to build consistency: https://t.co/EfWEACQ6Cz https://t.co/9PYqo6tYdK
  • What are the truths and lies of #forex trading regardless of your #tradingstyle here: https://t.co/uF75VPzstr https://t.co/cuH9YESlr2
  • The $SGD is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it. Get your SGD market update from @ddubrovskyFX here:https://t.co/eWLM9XZs5Y https://t.co/HdiCLtSFre
  • #Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the #coronavirus pandemic threatens to disrupt cross-continental $BTC mining operations. Get your market update from @ZabelinDimitri here: https://t.co/BoH24MVf4P https://t.co/4bgTwNqVvG
  • (Weekly Outlook) The Japanese #Yen faced a mixed week against currencies such as the US Dollar, Euro, British Pound and Canadian Dollar. What is ahead for $USDJPY, $EURJPY, $GBPJPY and $CAD/JPY? - https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2020/04/04/Japanese-Yen-Weekly-Forecast-USDJPY-EURJPY-GBPJPY-CADJPY.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/Flgbd5b2ag
  • Foreign exchange – or “#forex” – markets often pay close attention to politics and central bank policy. We offer a model for traders to gauge their impact on exchange rates. Get your market insight from @ZabelinDimitri and @CVecchioFX here: https://t.co/FbXc1Awu6a https://t.co/Qbhs4ndgPa
  • Why must financial market traders monitor both monetary and fiscal policy? Find out from @MartinSEssex here: https://t.co/Fkzk88Y5gm https://t.co/AldbSctm9V
DailyFX European Market Wrap: Conflicting UK Election Poll Data Grinds Sterling but FTSE Gains

DailyFX European Market Wrap: Conflicting UK Election Poll Data Grinds Sterling but FTSE Gains

2017-06-01 14:43:00
Katie Pilbeam,
Share:

It’s been a data rich day for Europe with manufacturing surging while UK factories grow at a slower pace. And nationwide house prices fall again.

Eurozone PMI has hit a 6 year high and job creation is now at its fastest in 20 years. The PMI reading came in at 57.0, up from 56.7 in April, thanks to faster growth in output and new orders. Germany was the highest with growth at a 73-month high while Greece posted a contraction.

Britain’s manufacturing PMI dipped to 56.7 in May from 57.3 in April. Last month’s PMI was the strongest reading in three years. The Markit survey found that the growth largely came from higher domestic demand rather than increased exports.

Despite this Sterling inches lower against the dollar and euro due to conflicting polls on next week's British UK elections. One poll of voting intentions pointed to a potential hung parliament while others suggest an increased Conservative majority of up to 12%. GBPUSD is 0.25%. Lower on the session at 1.28550.

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

DISCLOSURES

News & Analysis at your fingertips.