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  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in GBP/JPY are at opposite extremes with 66.57%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/cn9Ae5xUC1
  • Heads Up:🇺🇸 Fed Press Conference due at 19:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-01-27
  • $DXY remains steady around 90.50 and US 10yr yields remain steady around 1.01% following no changes to FOMC policy. #Fed #FOMC $USD https://t.co/NhYv4pOTSo
  • FOMC Statement: - Asset purchases of $80b in Treasuries and $40b in Agency MBS to continue at current pace - Purchases will continue until "substantial further progress" has been made toward employment and inflation goals #Fed #FOMC $USD
  • FOMC Statement: - Ongoing health crisis will continue to weigh on economic activity, employment, and inflation in near term - Still poses considerable risks to the economic outlook in the medium term #Fed #FOMC $USD
  • FOMC Statement: - Pace of recovery in economic activity and employment has moderated in recent months - Path of economy depends on course of virus and progress on vaccinations #Fed #FOMC $USD
  • FOMC unsurprisingly leaves rates unchanged but weakens the language around the pace of recovery as they see growth moderating in recent months and in the future
  • FOMC: - Leaves interest rates unchanged at 0.00-0.25% as expected - No changes to pace of asset purchases #Fed #FOMC $USD
  • 🇺🇸 Fed Interest Rate Decision Actual: 0.25% Expected: 0.25% Previous: 0.25% https://www.dailyfx.com/economic-calendar#2021-01-27
  • Indices Update: As of 19:00, these are your best and worst performers based on the London trading schedule: Germany 30: -0.14% France 40: -0.17% FTSE 100: -0.21% Wall Street: -1.31% US 500: -1.67% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/wEo0jImLbe
(02/08 13:15 GMT) CAD Unemployment report (JAN) with Christopher Vecchio, Currency Analyst

(02/08 13:15 GMT) CAD Unemployment report (JAN) with Christopher Vecchio, Currency Analyst

Christopher Vecchio, CFA, Senior Strategist

Currency Analyst Christopher Vecchio (@CVecchioFX) discusses the Canadian labor market data for January as well as setups in EUR- and USD-based pairs.

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

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