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. See our updated Privacy Policy here.

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
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
More View more
Real Time News
  • 🇪🇸 Markit Manufacturing PMI (JUL) Actual: 59 Expected: 59.5 Previous: 60.4 https://www.dailyfx.com/economic-calendar#2021-08-02
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.12% 🇪🇺EUR: 0.10% 🇦🇺AUD: 0.10% 🇯🇵JPY: -0.00% 🇨🇦CAD: -0.00% 🇨🇭CHF: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/uGTscjNQ0Y
  • Heads Up:🇨🇭 https://t.co/IuJgBTnOdA Manufacturing PMI (JUL) due at 07:30 GMT (15min) Previous: 66.7 https://www.dailyfx.com/economic-calendar#2021-08-02
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.60% France 40: 0.55% US 500: 0.52% Germany 30: 0.44% Wall Street: 0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/pAry3mnmtU
  • Heads Up:🇪🇸 Markit Manufacturing PMI (JUL) due at 07:15 GMT (15min) Expected: 59.5 Previous: 60.4 https://www.dailyfx.com/economic-calendar#2021-08-02
  • Take a closer look visually at the most influential global importers and exporters here: https://t.co/G58J1dg6y3 https://t.co/S37kmWPLEn
  • Ethereum/Bitcoin spread looks to have broken trendline resistance we spoke about the weekend.https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2021/07/31/Bitcoin-BTC-and-Ethereum-ETH-Moving-Apart-Binance-Shutters-Some-European-Derivative-Markets.html #ethereum #bitcoin #eth #btc @dailyfx
  • 🇨🇭 Retail Sales YoY (JUN) Actual: 0.1% Previous: 2.8% https://www.dailyfx.com/economic-calendar#2021-08-02
  • 🇨🇭 Inflation Rate YoY (JUL) Actual: 0.7% Expected: 0.7% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-08-02
  • Heads Up:🇨🇭 Retail Sales YoY (JUN) due at 06:30 GMT (15min) Previous: 2.8% https://www.dailyfx.com/economic-calendar#2021-08-02
Forex Strategy Video: Have NFPs Saved the S&P 500, Damned the Dollar?

Forex Strategy Video: Have NFPs Saved the S&P 500, Damned the Dollar?

John Kicklighter, Chief Strategist

Talking Points:

A sizable miss for the January NFPs has generated speculation that the Fed may pause its Taper

• Yet, the data was not severe and Fed officials have voiced an enduring Taper plan

• Volatility is the crux of recent volatility, and that is where we should look going forward

What kind of Trading best suits you? Technical or Fundamental? Short-term or Long-term? Take our Trader Survey and find out.

Following a sharp miss by the January NFPs release, the S&P 500 advanced and the US Dollar tumbled as stories of a deferred Taper spread. Yet, has this data turned the tide on risk trends and the greenback's advantage? The data itself may have missed on the favored headline reading (payrolls), but the other benchmarks - favored for their use in setting policy - held a trend of 'improvement'. Furthermore, distant rate expectations and Fed speeches curb the likelihood of an imminent stall in the deflating effort. Yet, where then do we look for what has driven the market recently and what is likely to carry us moving forward? That is the topic of the weekend Strategy Video.

Sign up for John’s email distribution list, here.

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

DISCLOSURES