Articles

JPY Surges on Equity Rout, GBP Leaps on Custom Union Report - US Market Open

Get today’s forex trading news, as well as insights and analysis from the DailyFX team. We provide up-to-date forex market news from around the world to help you react to changes in price forecasts and market sentiment.

View More
JPY Surges on Equity Rout, GBP Leaps on Custom Union Report - US Market Open

by  

US equity futures are firmly in the red with the Dow Jones shedding over 400 points sparking safe haven flow into the JPY.

Continue Reading

Italian Bond Yields Lower But Euro Remains Weak

Get today’s forex trading news, as well as insights and analysis from the DailyFX team. We provide up-to-date forex market news from around the world to help you react to changes in price forecasts and market sentiment.

View More
Italian Bond Yields Lower But Euro Remains Weak

by  

The contentious Italian budget is expected to be back in the headlines today when the EU Commission pass their verdict. And it is not likely to be good news for Italy, or the euro.

Continue Reading

Bearish AUD/USD Sequence Raises Risk for Fresh 2018 Lows

Get today’s forex trading news, as well as insights and analysis from the DailyFX team. We provide up-to-date forex market news from around the world to help you react to changes in price forecasts and market sentiment.

View More
Bearish AUD/USD Sequence Raises Risk for Fresh 2018 Lows

by  

AUD/USD continues to pare the rebound from earlier this month, with the exchange rate at risk for fresh 2018 lows as it extends the bearish sequence from the previous week.

Continue Reading

by  

Crude Oil Risks 2017 Uptrend Reversal as Stock Selloff Continues

Crude oil prices had their worst day since 2017 and risked a dominant uptrend reversal as the DAX and S&P 500 resumed falling. Corrective pressures may pause Nikkei 225 declines for now.
Continue Reading

by  

USD/CAD Price Outlook: Canadian Dollar on the Edge ahead of BOC

Price is testing a critical resistance zone ahead of tomorrow’s interest rate decision. These are the targets & invalidation levels that matter on the USD/CAD charts.
Continue Reading

by  

Oil Price Forecast: Bearish Momentum Gathers Pace as OPEC Changes Gears

Crude tumbles to fresh monthly lows as OPEC changes gears, with oil prices at risk for a further decline as the bearish momentum appears to be gathering pace.
Continue Reading

by  

USD/JPY Bull Trend Remains Under Threat Amid Ongoing Shift in Sentiment

USD/JPY may exhibit a more bearish behavior over the days ahead as the pickup in volatility appears to be accompanied by an ongoing shift in sentiment.
Continue Reading

by  

US Dollar Grinds at Resistance as Dow, S&P Re-Test the Lows

Risk aversion has shown up again and both the Dow and S&P are testing prior October lows. Meanwhile, the US Dollar grinds at the 96.04 resistance level.
Continue Reading

by  

JPY Surges on Equity Rout, GBP Leaps on Custom Union Report - US Market Open

US equity futures are firmly in the red with the Dow Jones shedding over 400 points sparking safe haven flow into the JPY.
Continue Reading

by  

DXY Index Advance Checked by Early-October High

Traders are jettisoning higher yielding currencies and risk-correlated assets once again.
Continue Reading

by  

How does a leadership challenge to a UK Prime Minister work?

As Brexit discussions enter its most difficult phase yet, PM May once again finds herself under intense scrutiny at the top of a fractured government that is unable to unite over her plans to leave the European Union.
Continue Reading

by  

US Dollar (DXY) Touching a Two-Month High

The US dollar (DXY) continues to rally and may be ‘jawboned’ higher over the next couple of days.
Continue Reading

by  

Italian Bond Yields Lower But Euro Remains Weak

The contentious Italian budget is expected to be back in the headlines today when the EU Commission pass their verdict. And it is not likely to be good news for Italy, or the euro.
Continue Reading

by  

Yen Aims to Extend Gains as Market-Wide Selloff Continues

The Japanese Yen is poised to continue higher as risk appetite withers across financial markets. The Australian and New Zealand Dollars may suffer the lion’s share of losses.
Continue Reading

by  

Nikkei 225 Fall May Precede Wall Street Selloff. AUD, NZD at Risk

The Nikkei 225, ASX 200 and other APAC equities traded lower as markets focused on bigger geopolitical and economic themes. Wall Street may echo weakness, sending AUD and NZD lower.
Continue Reading

by  

Crude Oil Prices Pressure Key Support, API Inventory Data Due

Crude oil prices are pressuring support guiding the rising trend since February as API inventory flow data enters the spotlight. Another build in stockpiles is expected.
Continue Reading

by  

Australian Dollar, ASX 200 Add Politics to Their Long Problem List

The Australian Dollar and the ASX 200 stock index have been hit by a local election result which has cost yet another Aussie government its parliamentary majority.
Continue Reading

by  

Can US Dollar Price Gains Last as S&P 500 Index Fell? JPY May Rise

Weakness in European and US stocks lifted the US Dollar, but technical analysis warns its next move could be lower. Asia Pacific equities may echo S&P 500 index declines, boosting JPY.
Continue Reading

by  

Bearish AUD/USD Sequence Raises Risk for Fresh 2018 Lows

AUD/USD continues to pare the rebound from earlier this month, with the exchange rate at risk for fresh 2018 lows as it extends the bearish sequence from the previous week.
Continue Reading

by  Peter Hanks

DXY Index Tests 96.00 After US Treasury Bill Auction

The US Treasury offered another $84 billion in bills Monday, with the Dollar basket testing 96.00 ahead of the much anticipated Q3’18 US GDP figures Friday.
Continue Reading

by  

USD/CAD Weekly Technical Outlook: Price at Key Resistance, BoC on Tap

US Dollar is up more than 2% month-to-date with price testing key resistance ahead of the Bank of Canada. These are the levels that matter on the USD/CAD weekly chart.
Continue Reading

by  

GBP/USD Forecast: Post-EU Summit Weakness to Persist as Bull Trend Snaps

Recent price action in GBP/USD raises the risk for a further decline in the exchange rate as it carves a series of lower highs following the EU Summit.
Continue Reading

by  

FX Week Ahead: BOC on Wednesday, ECB on Thursday, Q4’18 US GDP on Friday

Two central bank rate decisions and a slew of important US economic data culminating in the Q4’18 US GDP report on Friday should keep traders busy all week.
Continue Reading

by  

GBP Plummets on No Confidence Vote Risk, AUD Slips as Hung Parliament Looms - US Market Open

The Pound is the worst performing G10 currency with losses of 0.9% as Brexit concerns continues to plague the Pound.
Continue Reading

by  

US Dollar Strength Persists as Euro, Sterling Beset by Headline Risk

Dollar strength has come roaring back on the open of a fresh week, and prices look poised for a re-test of the 96.04 level on DXY, which has already produced three Q4 resistance inflections.
Continue Reading

by   ; ; ; ; ; ; ;  and Peter Hanks

Weekly Fundamental Forecast: Markets Trade the EU Summit for ECB Rate Decision and US GDP Next Week

High level fundamentals proved substantive this past week between a possible Brexit path after the EU Summit and the slowest pace of growth for China in 9 years. Ahead, the scheduled updates are still material – such as US 3Q GDP as well as ECB and BOC rate decisions – but we should also keep aware of the deep fundamental currents like risk trends and trade wars
Continue Reading

by  

UK Week Ahead: Tough Week Ahead for UK PM May | Webinar

UK PM May is expected to be called in-front of the influential 1922 Conservative Committee to justify her Brexit negotiations, and a poor performance may rubber-stamp her future.
Continue Reading


Advertisement
Advertisement
Advertisement