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
Bullish
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Mixed
GBP/USD
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
USD/JPY
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
More View more
Real Time News
  • House Financial Services Committee schedules second GameStop hearing for March 17 - BBG $GME
  • Speaker Pelosi says minimum wage increase will not be removed from House Covid bill - BBG
  • Asia-Pacific equities opened broadly lower amid a 'risk off' sentiment following a sour lead from Wall Street overnight. Rising yields and a stronger US Dollar exerted downward pressure over risk assets. https://www.dailyfx.com/forex/market_alert/2021/02/26/Dow-Jones-Falls-on-Rising-Yields-ASX-200-Nikkei-225-Tumble-.html https://t.co/3p7prANkLA
  • The Australian Dollar looks poised to outperform the haven-associated US Dollar and Japanese Yen. However, it may lose ground to the New Zealand Dollar. Key levels for AUD/USD, AUD/JPY and AUD/NZD.Get your $AUD market update from @DanielGMoss here:https://t.co/cuxRxl5WaF https://t.co/MD0ppnO7t6
  • RT @FxWestwater: $NZDUSD, $NZDJPY React as Soaring Treasury Yields Skew Market Risk Profile Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/02/26/NZDUSD-NZDJPY-React-as-Soaring-Treasury-Yields-Skew-Market-Risk-Profile.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr $TNX https://t.c…
  • Biden authorized strikes on Iran-backed militant groups. Strike was in response to attacks on US, coalition forces -BBG citing DOD #CrudeOil
  • The commodity-sensitive Canadian Dollar may continue outperforming its major counterparts in the coming weeks. USD/CAD, CAD/CHF, CAD/JPY and EUR/CAD key levels to watch. Get your market update from @DanielGMoss here:https://t.co/KYdUv2lpFC https://t.co/ZZUJ4AZEhc
  • Market Snapshot: Risk aversion is deepening as Friday APAC trade gets going $NZDUSD and $AUDUSD sinking Following declines in #SP500 and #Nikkei225 futures #USD broadly higher, anti-risk Japanese #Yen as well US 10-Year Treasury rates remain higher https://t.co/gQ50vS73P0
  • RBNZ's Orr: To consider settings against types of home lending, financial stability policies can help government housing objectives -BBG
  • RBNZ's Orr: Only focused on inflation, employment targets -BBG
Forecast - Volatility Versus Trend for Dollar, Pound, Yen and Aussie

Forecast - Volatility Versus Trend for Dollar, Pound, Yen and Aussie

John Kicklighter, Chief Strategist

Talking Points:

  • 'Quiet' was the best descriptor for the market this past week and will likely be again this week
  • High-profile and wide-reaching event risk is in short supply this week which will likely keep trends elusive
  • Event risk should be monitored for volatility impact on the Dollar, Pound, Euro and Aussie Dollars

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. The markets were extremely quiet this past week, and that lethargy will likely carry through to the current period. Sentiment is leaning higher, but a lack of conviction undermines momentum each step of the way. Sentiment is one of the key fundamental motivators behind the financial system, but commitment to extending the reach for yield is proving difficult against the growth sense of skepticism and appreciation of limited returns. A high profile fundamental flashpoint is necessary to shift the underlying assumptions of risk positioning, but there are items scheduled that can tout that degree of influence.

Event risk this week is instead more likely to spur volatility than redefine the landscape for global investors. To start the week, the Japanese GDP release both reaffirmed the need for more support from the BoJ and Japanese government via further accommodation; but it also reminded of their limited capacity to gain serious traction in a world already flooded with stimulus. The Dollar ahead has one the most fundamentally loaded weeks ahead with a focuson monetary policy speculation. US CPI statistics, the FOMC minutes and Fed speeches will shape the headlines. Meanwhile, the Pound traders will continue to count the post-Brexit tab with data like July employment and inflation numbers. As for Australian employment and some other statistics, there is still potential for volatility, but the jolt will likely be even more limited in reach and duration. The top fundamental themes and event risk this week were discussed in the recording of this weekly 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