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
More View more
Real Time News
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.07% 🇨🇭CHF: -0.24% 🇳🇿NZD: -0.36% 🇬🇧GBP: -0.41% 🇪🇺EUR: -0.50% 🇦🇺AUD: -0.54% View the performance of all markets via
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.33% Gold: 0.21% Silver: -0.58% View the performance of all markets via
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.46%, while traders in GBP/JPY are at opposite extremes with 68.97%. See the summary chart below and full details and charts on DailyFX:
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 1.15% France 40: 1.09% Germany 30: 0.92% Wall Street: 0.01% US 500: -0.00% View the performance of all markets via
  • Waiting around in the Mickey Mouse Clubhouse when the realization hits that those GenZ traders were talking about a different Clubhouse...
  • The price of oil trades to a fresh yearly high ($65.77) as the Organization of the Petroleum Exporting Countries (OPEC) and its allies continue to regulate production. Get your #crudeoil market update from @DavidJSong here:
  • 🇺🇸 Consumer Credit Change (JAN) Actual: $-1.31B Expected: $12B Previous: $8.8B
  • 🇺🇸 Consumer Credit Change (JAN) Actual: $-1.31B Expected: $12B Previous: $9.73B
  • The New Zealand Dollar may resume its broader uptrend, with NZD/USD and NZD/JPY eyeing key rising support. NZD/CAD and NZD/CHF appear to have more room for near-term losses, however.Get your market update from @ddubrovskyFX here:
  • Heads Up:🇺🇸 Fed Bostic Speech due at 20:00 GMT (15min)
Forex Forecast for the New Year: EUR/USD, GBP & More | Podcast

Forex Forecast for the New Year: EUR/USD, GBP & More | Podcast

Talking points on this podcast:

This time on Trading Global Markets Decoded, our host Martin Essex is joined by DailyFX analysts James Stanley and Peter Hanks. As the decade comes to a close, we explore the outlook for EUR/USD heading into the new year, debate how gold is set to move in 2019, and reflect on whether stocks are due a correction in the coming months.

You can listen to this podcast by clicking on the YouTube link above or by using one of the alternative platforms listed below.

Forex Forecast: EUR/USD outlook

Martin begins the podcast with discussion on the outlook for EUR/USD. With the US-China trade dispute, the future of Donald Trump’s presidency, and the interest rate outlook in the US and the Eurozone, there is much to discuss about the currency pair’s future in 2019. Against that backdrop, where does James see EUR/USD heading in the New Year?

“I think there’s another factor and that’s [new ECB President] Christine Lagarde,” he notes. “[Former ECB President} Draghi’s tenure was defined by a really dovish overall outlay. There were no rate hikes during his entire tenure atop the ECB; he launched a bazooka of stimulus [measures] a couple of times, drove rates into negative, and there’s the question of how much lower they can go.

“I know the wide expectation is looking for a tip towards EUR/USD parity, but I think Lagarde is going to put pressure on the fiscal side of the equation, maybe backing off the monetary cannons for a little bit. I’m looking for EUR/USD to pop higher next year. I think we’ll see some Euro strength in 2020 which may surprise a lot of folks.”

Are stocks due a correction?

On stocks and the chance of a correction lower, Peter says: “This is going to come down to the looming election and President Trump’s [decisions]. Those tax cuts are probably going to be talked up if the economy starts to falter a little. The backdrop of the dovish Fed, will continue [to take] stocks higher in 2020.”

Outside of the US then – will other markets such as London and Tokyo just follow Wall Street or have separate drivers? “Barring any major breakdown, the trend will be broadly higher and follow US indices. If this stimulus that’s being pumped into every major market finally starts to take hold, that’s when you can start to see a real uptick in equities.”

Equities Forecast
Equities Forecast
Recommended by Ben Lobel
Build your equities expertise with our market forecast
Get My Guide

For more ways of listening to the DailyFX podcast, click on one of the additional channels below.

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