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
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
Bearish
USD/JPY
Bullish
Gold
Bearish
Oil - US Crude
Bearish
Bitcoin
Mixed
More View more
Real Time News
  • Secretary Mnuchin: - Financial Stability Oversight Council focusing heavily on leveraged lending market $HYG $SPX
  • US EIA Natural Gas Storage Change: Actual: -19 Expected: -20 Previous: -28 https://www.dailyfx.com/calendar?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • here has been increased calls for OPEC to opt for deeper production cuts with a touted figure of 400kbpd in order to balance the market. Get your market update from @JMcQueenFX here https://t.co/lIiW5SYeNO
  • Secretary Mnuchin says he spoke with Fed Chair Powell about repo market issues today $SPX $DXY #FOMC
  • Secretary Mnuchin say the Financial Stability Oversight Council is encouraging the market to prepare for LIBOR ending $DXY
  • The US is set to impose a tariff hike of 15% in 10 days on $160 billion worth of Chinese goods - so far, no consensus has been reached between US and China to delay these tariffs $USDCNH $DXY $SPX
  • Natural Gas Price Weekly Forecast: A Pullback or Comeback? More details in the link below: https://www.dailyfx.com/forex/technical/article/special_report/2019/12/05/Natural-Gas-Price-Weekly-Forecast-a-Pullback-or-Comeback-MK.html?CHID=9&QPID=917714 https://t.co/r7kEj0OnMH
  • Russian Oil Minister Novak says OPEC+ did not talk about output cut distribution #OOTT $CL_F
  • $DXY now trading below it's 200-day moving average https://t.co/pKh3Hme95T
  • US Factory Orders (OCT): Actual: 0.3% Expected: 0.3% Previous: -0.8% (r) https://www.dailyfx.com/calendar?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
Strategy Video: Dollar, Euro, Pound Overextended on Central Bank Outlooks?

Strategy Video: Dollar, Euro, Pound Overextended on Central Bank Outlooks?

2014-09-11 22:37:00
John Kicklighter, Chief Currency Strategist
Share:

Talking Points:

• Rising FX volatility levels are amplifying the focus on and impact of monetary policy speculation

• The US Dollar has seen the most hawkish shift in market positioning while Euro and Kiwi the most bearish

• Key policy-related event risk next week will quickly indicate if the markets are over-stretched

Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.

Is the Dollar overbought? Are the Euro and Pound oversold? Those are not easy questions to answer, but establishing expectations for a common fundamental theme they share - monetary policy expectations - can put us on the right path. Where the greenback has advanced on a number of fundamental contributions, a swell in rate expectations has been particularly important in the most recent push. Meanwhile, European rates have already corrected aggressively in anticipation of easing and the hawkish pricing for the BoE has eased back materially. We look across the majors with the most heavily skewed speculative backdrops and discuss whether the upcoming event risk will play critical roles in short and medium-term direction in today's Strategy Video.

Sign up for John’s email distribution list, here.

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

DISCLOSURES

News & Analysis at your fingertips.