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.



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
Oil - US Crude
Wall Street
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
  • 🇳🇿 Business NZ PMI (DEC) Actual: 48.7 Previous: 55.3
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Wall Street are at opposite extremes with 69.28%. See the summary chart below and full details and charts on DailyFX:
  • Heads Up:🇳🇿 Inflation Rate QoQ (Q4) due at 21:45 GMT (15min) Expected: 0% Previous: 0.7%
  • Heads Up:🇳🇿 Inflation Rate YoY (Q4) due at 21:45 GMT (15min) Expected: 1% Previous: 1.4%
  • Fed's regional Presidents to be given new 5 year terms starting March 1 - BBG
  • Heads Up:🇳🇿 Business NZ PMI (DEC) due at 21:30 GMT (15min) Previous: 55.3
  • S&P 500 closes at a record high, yet only 3 sectors were positive during trade - BBG
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.19% Germany 30: 0.08% US 500: -0.01% Wall Street: -0.01% France 40: -0.13% View the performance of all markets via
  • Consensus expectation by analysts and economists prevailed as the SARB kept rates untouched at 3.5%. How has this impacted $USDZAR? Find out from @WVenketas here:
  • President Biden: -Vaccine rollout has been a dismal failure thus far -Things will get worse before they get better -Coronavirus death toll in US likely to top 500,000 next month -Plan to tackle covid outlines 100 million shots over 100 days $USD $SPX
Aussie Dollar Poised for Breakout on RBA Rate Decision

Aussie Dollar Poised for Breakout on RBA Rate Decision

Ilya Spivak, Head Strategist, APAC

Talking Points:

  • Near-even bets for, against RBA rate cut spell volatility regardless of outcome
  • Aussie Dollar wedged between trend-defining chart levels before rate decision
  • Speculative sentiment to offer confirmation on up-, down-side Aussie breakout

The priced-in probability an interest rate cut at today's RBA monetary policy announcement is near 50 percent. The near-even split means that Australian Dollar volatility is likely regardless of the outcome as a sizable contingent of market participants is proven wrong and forced to readjust portfolios.

The benchmark AUD/USD exchange rate is wedged between trend-defining technical levels ahead of the rate decision. On the topside, prices are within striking distance of resistance defining the pullback from late-April highs. A daily close above this barrier would hint that the recovery from January lows is set to continue. On the downside, a breach of near-term support would also mark reversal of the 2016 advance and pave the way for multi-year down trend resumption.

Recent reversals in AUD/USD have found well-defined confirmation via the DailyFX Speculative Sentiment Index (SSI). We will look for more of the same to gauge the probability of follow-through on whatever directional break occurs in the aftermath of the RBA announcement to help establish whether the move ought to be taken at face value or faded.

Want to see how SSI can help you gauge FX trends? Learn more here!

--- Written by Ilya Spivak, Currency Strategist for

To receive Ilya's analysis directly via email, please SIGN UP HERE

Contact and follow Ilya on Twitter: @IlyaSpivak

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