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.

Free Trading Guides
EUR/USD
Mixed
GBP/USD
Bearish
USD/JPY
Bullish
Gold
Bullish
Oil - US Crude
Bullish
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
Bitcoin
Mixed
More View more
Real Time News
  • The $SGD is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.Get your market update from @ddubrovskyFX here:https://t.co/eWLM9XZs5Y https://t.co/NsEpx2pSqD
  • China home prices m/m for November: Actual: 0.3% Prior: 0.5%
  • #USDCHF pivot points (daily) – S3: 0.9722, S2: 0.9779, S1: 0.981, R1: 0.9867, R2: 0.9894, R3: 0.9951- https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • IMF to Australia: - Renewed overheating in the housing market poses a risk - #RBA and the government should keep macro policies accommodative (BBG)
  • #GBP, #SEK and the #NOK are expected to be the most active G10 currencies vs USD with 1-week implied volatility at 9.35, 9.13 and 8.90, respectively
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am ET on DailyFX! https://t.co/RgnsklZ2Gl
  • The Australian and New Zealand Dollars trimmed their gains as optimism on the US-China “phase one” trade deal faded. NZD/USD is at risk to turning lower on signs of technical indecision $AUDUSD $NZDUSD #tradewars - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2019/12/16/Australian-Dollar-and-New-Zealand-Dollar-Outlook-as-Week-Begins.html?CHID=9&QPID=917702 https://t.co/SmVBWwojc3
  • - The Singapore Dollar (SGD) presents a unique undertaking for traders - It is guided by the MAS, which manages the exchange rate instead of short-term rates - Learn the principals of developing an SGD fundamental forecast to trade USD/SGD https://www.dailyfx.com/forex/fundamental/article/special_report/2019/09/03/The-Singapore-Dollar-and-MAS-What-is-SGD-and-How-to-Trade-it.html
  • #DidYouKnow a #Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out: https://t.co/c51s3IBcEu https://t.co/eWM70sTfq3
  • Natural Gas trading is popular among traders due to its volatility. How can you trade this? Find out here: https://t.co/GSzSS9fn7Z https://t.co/bl0lp9NtkQ
Strategy Video: Why Aren't Fed Rate Forecasts Driving the Dollar?

Strategy Video: Why Aren't Fed Rate Forecasts Driving the Dollar?

2014-07-09 21:05:00
John Kicklighter, Chief Currency Strategist
Share:

Talking Points:

• The consensus amongst the FOMC is for a first Fed hike in 2015 and further tightening thereafter

• Though the central bank's own rate forecasts outpace many counterparts, the markets aren't conforming

• Another sign of complacency, we are looking at another well of untapped dollar potential

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

The FOMC minutes reinforced a forecast that will carry a lot of weight with global capital markets and the US Dollar: a transition to policy tightening and rate hikes. And yet, where was the risk aversion and dollar rally that we would expect to accompany this change in tides? The market is discounting its rate projections and the impact they would have in the markets in part due to the universal sense of complacency hanging over us like a fog. That said the potential energy stored up in this theme is substantial. We discuss rate forecasts and the dollar in today's 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

News & Analysis at your fingertips.