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
Subscribe
Please try again
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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bullish
GBP/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
USD/JPY
Mixed
More View more
Real Time News
  • I don't envy the Fed officials today. These headline and core CPI figures are going to be distressing. Maintaining the 'inflation is transitory' view is the central bank equivalency of HODL or diamond hands https://t.co/jm99h6f89u
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.70% Gold: -0.39% Silver: -0.77% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/bkkaIuBhqz
  • Ten-Year US Treasury yields breaking out above 165-basis points following notably hotter-than-expected inflation data this morning. Headline and core CPI both topped market forecast with readings of 4.2% and 3.0%, respectively. I previewed this scenario yesterday on @tradingview. https://t.co/Fgc0RZe2nw https://t.co/VHmkcuJm9p
  • 🇧🇷 Business Confidence (MAY) Actual: 58.5 Previous: 53.7 https://www.dailyfx.com/economic-calendar#2021-05-12
  • Please join @PeterHanksFX at 11:00 EST/15:00 GMT for your weekly stock market outlook. Register here: https://t.co/nqJWK4f4sl https://t.co/dp4faqlMl7
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.86%, while traders in GBP/USD are at opposite extremes with 68.99%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/hu9IfBFkzq
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.48% Gold: -0.31% Silver: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/WOwgbEuZec
  • Heads Up:🇧🇷 Business Confidence (MAY) due at 14:00 GMT (15min) Previous: 53.7 https://www.dailyfx.com/economic-calendar#2021-05-12
  • Mid-Week Strategy webinar begins right now and there's some vol to work with https://www.dailyfx.com/webinars/140187219 Topics: 1) Big inflation beat, USD gives back gains 2) EUR/USD jumping right back into resistance zone after CPI release 3) Gold - bull flag remains in-play Let's go
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.76% Germany 30: 0.26% France 40: 0.18% Wall Street: -0.40% US 500: -0.75% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/RqkV6znl1S
Fundamental Forecast - ECB Decision, Brexit Fallout, Risk Trends

Fundamental Forecast - ECB Decision, Brexit Fallout, Risk Trends

John Kicklighter, Chief Strategist

Talking Points:

  • Risk trends continue to build a gaping divergence between conviction and need
  • Brexit is far from resolved as a market mover with UK housing, inflation and jobs data this week
  • Top event risk will be the ECB rate decision, but there are plenty of events for Europe this week

What are the Traits of Successful Traders?

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. The failed attempt at a coup by a faction of the Turkish military this weekend tested the mettle of risk trends, and the substructure showed how unstable conditions really are. The reach for risk persisted to start off the new week, but the optimism of the S&P 500 stretch to record high does not draw the crowds of bullish acolytes that it had in past years. We may have to wait until next week's very high profile catalysts (FOMC, BoJ, US GDP), but this crucial foundation remains tenuous. Meanwhile, there there are driving fundamental winds that will be directed by event risk this week. In particular the Euro's long-term stability amid monetary policy and the unexplored fallout from Brexit will find further clarity this week. We discussed these important fundamental themes and more in this week's webinar.

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.

DISCLOSURES