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.

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
EUR/USD
Bullish
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
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
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Although recent polls suggested that Joe Biden is leading, the odds that Donald Trump may again defy the preconceived forecasts still exist. Remember he is Trump. And thus a face-to-face debate is worth traders’ precious time. Live TV show begins in 50 mins.
  • Dow displayed a bearish trading pattern overnight: 7 out of 9 sectors in the red, with 86.7% of the index constituents ending lower. Energy, materials and industrials were among the worst performers, while healthcare and consumer discretionary struggled to hold small gains. https://t.co/hI957NZRLr
  • 🇯🇵 Industrial Production YoY Prel (AUG) Actual: -13.3% Previous: -15.5% https://www.dailyfx.com/economic-calendar#2020-09-29
  • 🇳🇿 ANZ Business Confidence (SEP) Actual: -28.5 Previous: -41.8 https://www.dailyfx.com/economic-calendar#2020-09-30
  • 🇯🇵 Retail Sales YoY (AUG) Actual: -1.9% Expected: -3.5% Previous: -2.8% https://www.dailyfx.com/economic-calendar#2020-09-29
  • Heads Up:🇳🇿 ANZ Business Confidence (SEP) due at 00:00 GMT (15min) Previous: -41.8 https://www.dailyfx.com/economic-calendar#2020-09-30
  • Heads Up:🇯🇵 Industrial Production YoY Prel (AUG) due at 23:50 GMT (15min) Previous: -15.5% https://www.dailyfx.com/economic-calendar#2020-09-29
  • Heads Up:🇯🇵 Retail Sales YoY (AUG) due at 23:50 GMT (15min) Expected: -3.5% Previous: -2.8% https://www.dailyfx.com/economic-calendar#2020-09-29
  • The British Pound and US Dollar will be contending with the rising geopolitical risks of Brexit, US fiscal stimulus talks and the first presidential debate in a data-packed week. Get your $GBPUSD market update from @ZabelinDimitri here:https://t.co/iXDA9cVqtd https://t.co/2iiyWMXFTA
  • Join @ddubrovskyFX 's #webinar at 8:00 PM ET / 0:00 GMT to find out what information you can gain from knowing what other traders are buying or selling. Register here: https://t.co/Bb3CTCTm44 https://t.co/cOWP0Wbo62
Video: Both the Dollar and S&P 500 Bull Trends Ride on NFPs

Video: Both the Dollar and S&P 500 Bull Trends Ride on NFPs

2014-10-03 01:39:00
John Kicklighter, Chief Strategist
Share:

Talking Points:

• US NFPs and labor statistics for September are due Friday at 12:30 GMT

• The Dollar's impressive rally this past three months can be rendered 'overdone' on a weak jobs showing

• Representing risk trends, the S&P 500 is back in a familiar technical position as the catalyst approaches

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

The US Dollar has rallied aggressively over the past three months - a move charged heavily through rate expectations. However, at four-year highs; does the fundamental backdrop fit the buoyant position of the currency itself? Meanwhile, the S&P 500 has dropped back to the floor of a well-worn channel stretching back to the beginning of 2013, and traders recognize a common pattern. Speculators used to complacency want to buy on the dip; but the recent build in volatility measures and progress by the Fed is starting to fray confidence. Will one of these markets face a major break? We discuss the potential impact of the September NFP and labor data 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