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
Bearish
Oil - US Crude
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
Wall Street
Mixed
Gold
Bullish
GBP/USD
Mixed
USD/JPY
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
More View more
Real Time News
  • Double top looking more plausible in the #SPX500, hinting a significant risk-off move is brewing across the broader markets. Confirmation on a daily close below 3198-3231 area, it seems #SP500 #stocks #technicalanalysis https://t.co/bhHZtJyoMN
  • Heads Up:🇨🇳 Communist Party Annual Meeting due at 00:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-10-28
  • The British Pound, Australian Dollar and US Dollar may all experienced heightened periods of volatility as geopolitical risks in North America, Asia and Europe rattle global financial markets. Get your $GBPUSD market update from @ZabelinDimitri here:https://t.co/0EFToM5Y8I https://t.co/JcOmMXJs1l
  • RT @KyleR_IG: European indices and EUR/USD taking a spill on reports that the French Government is set to announce a new 1-month and countr…
  • $Silver looking vulnerable as it fails to clamber back above the 50-DMA (24.51) Break below $24 would probably validate the Bear Flag continuation pattern and could see price push back towards the psychologically imposing $20 mark $SLV $SLVR https://t.co/SJ7i4yN1W1 https://t.co/CjHod2aN8O
  • $EURUSD plunging lower on news that French President Emmanuel Macron is expected to announce a 1-month nation-wide lockdown https://t.co/Jj3BUxZeyw https://t.co/WCAbxg6TDZ
  • The New Zealand Dollar may continue to outperform the haven-associated US Dollar as price breaks above key long-term resistance. Get your $NZDUSD market update from @DanielGMoss here:https://t.co/D1DxtDkJXd https://t.co/jJ1SKMjVKU
  • Market snapshot: #USD pointing higher vs G10 counterparts, particularly oil-linked NOK. Equity futures falling
  • Full article on their report today can be found here - https://www.dailyfx.com/forex/market_alert/2020/10/27/Nasdaq-100-Outlook-Steadied-as-Microsoft-Beats-Earnings-Expectations.html
  • RT @RiskReversal: .@GuyAdami & @RiskReversal are back with The Macro SetUp by @IG_US We discuss recent & expected volatility into & out of…
Webinar: Live Coverage of German Unemployment Data

Webinar: Live Coverage of German Unemployment Data

2017-05-31 09:33:00
Nick Cawley, Strategist
Share:

Talking Points

- German unemployment is at a reunification low as the economy booms.

- The single-currency is pushing higher as the confidence returns to the area.

- See the DailyFX Economic Calendar and see what live coverage for key event risk impacting FX markets is scheduled for next week on the DailyFX Webinar Calendar.

German unemployment hit a 27-year low last month of 5.8% and is expected to tick lower. Will the EUR push higher on the release or will worries remain over lowly inflation?

Recent reports suggest that the ECB may be looking to change their language at the next ECB meeting on June 8th and prepare the markets for policy normalisation ahead. However recent commentary from ECB President Mario Draghi shows the central bank will remain accommodative until inflation becomes ingrained.

The single currency is benefitting from a weak USD, while election worries in the UK continue to weigh on GBP. The latest UK polls point to a hung Parliament, giving EURGBP another upward leg.

Chart: EURGBP Daily Timeframe (February 3 – May 31, 2017).

Webinar: Live Coverage of German Unemployment Data

Chart by IG

--- Written by Nick Cawley, Analyst

To contact Nick, email him at Nicholas.cawley@ig.com

Don't trade FX but want to learn more? Read the DailyFX Trading Guides

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

DISCLOSURES