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.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • Commodities Update Post #Evergrande Payment News: #Gold trading cautiously higher as #USD falls (Treasury yields rising offsetting price action slightly) Growth-linked #CrudeOil prices pushing higher as Chinese slowdown woes slightly cool
  • The Spinning Top candlestick pattern forms part of the vast Japanese candlestick repertoire with its own distinct features. Gain a better understanding of the spinning top candlestick here:
  • Evergrande Sept 23 Yuan coupon payment negotiated with holders - BBG
  • PBOC increases daily liquidity injection to 120 billion Yuan - BBG
  • Reports citing Reuters crossing the wires that China's #Evergrande main unit Hengda Real Estate will make coupon payments on onshore bonds due SEP 23 Risk-on #AUD and #NZD gaining Anti-risk #USD and #JPY weakening #SP500 futures rising ahead of the #Fed $AUDUSD $NZDUSD #Yen
  • 🇦🇺 Westpac Leading Index MoM (AUG) Actual: -0.3% Previous: -0.12%
  • Join @FxWestwater at 22:00 EST/2:00 GMT for a webinar on preparing to trade commodities markets in the week ahead. Register here:
  • House votes (220-211) to suspend debt limit and avoid a government shutdown $DXY
  • Heads Up:🇦🇺 Westpac Leading Index MoM (AUG) due at 01:00 GMT (15min) Previous: -0.12%
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here:
Video: EUR/USD Strategy for a Contentious ECB Rate Decision

Video: EUR/USD Strategy for a Contentious ECB Rate Decision

John Kicklighter, Chief Strategist

Talking Points:

Economists expect the ECB to further lower the deposit rate deeper into negative territory

• At critical rate decisions last March and December, QE and negative rates led to unexpected Euro and DAX reactions

EUR/USD hasn't tumbled into this meeting, but Euribor rates suggest dovish projections may be extreme

See how retail traders are positioning in EURUSD ahead of the ECB decision and after on DailyFX or bring the figures to your charts using the FXCM SSI snapshot.

The last time the ECB announced it was upgrading its stimulus effort (December), the market responded with a EUR/USD rally and a DAX reversal. That is not the traditional reaction we have come to expect from the most dovish monetary policy efforts in the global markets. While the European Central Bank is arguably the most aggressive dove of the largest monetary policy groups, market expectations can and will warp the interpretation of policy decisions and price reaction. Heading into the group's March 10 policy meeting, economists once again expect an escalation of the accommodative policy stance. What is the market expecting from this important policy decision and how will it impact the Euro and sentiment through the global financial system? We discuss that in today's Strategy Video.

To receive John’s analysis directly via email, please SIGN UP HERE

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