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EUR/USD
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of clients are net long.
of clients are net short.
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Note: Low and High figures are for the trading day.

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Oil - US Crude
Mixed
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of clients are net long.
of clients are net short.
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Real Time News
  • The Japanese Yen responded to a key technical barrier last week with and leaves the bears vulnerable early in the month. Get your $USDJPY technical analysis from @MBForex here: https://t.co/ijElJvmHyn https://t.co/Xv7pVMQ6h4
  • Trump to announce 10% tariff on Canadian Aluminum - BBG
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 5.25% Gold: 0.99% Oil - US Crude: 0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/gpka4HBCay
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.03%, while traders in US 500 are at opposite extremes with 76.79%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/FfFR6kxBCO
  • Ahead of the RBNZ rate decision next week, the New Zealand Dollar has struggled to climb higher against its major counterparts, with the exception of the US Dollar. Get your market update from @JMcQueenFX here:https://t.co/iZxV2qSVrw https://t.co/CGE3WeJ3Yl
  • U.S. State Department lifts travel advisory for all international travel - BBG
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: US 500: 0.21% Wall Street: 0.20% France 40: 0.10% Germany 30: 0.06% FTSE 100: 0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/uCGMUoQfxx
  • Senator Collins 'still optimistic' on stimulus deal - BBG
  • Update on #Cryptocurrencies #BITCOIN +1.33% #BITCOINCASH +5.60% #ETHEREUM -0.07% #RIPPLE +1.08% #LITECOIN +1.63%
  • https://t.co/A8Ywz4dGqr
USD/ZAR
Low
High
Note: Low and High figures are for the trading day.
76% of retail CFD accounts lose money 76% of retail CFD accounts lose money Trading forex carries a high level of risk

Dollar - Rand Chart

Moving away from the Pound in the late 50's to early 60's, the Rand was established and is the current legal tender for South Africa, Swaziland, Lesotho and Namibia. The Rand has had its fair share of volatility with the currency depreciating massively following the apartheid era sanctions. The currency looks to benefit when investors are willing to take on more risk in developing countries. Any pullback in risk from global markets pushes the Rand significantly lower as seen during the financial crisis of 2008.
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Real Time News

DailyFX Aug 6, 2020
The Japanese Yen responded to a key technical barrier last week with and leaves the bears vulnerable early in the month. Get your $USDJPY technical analysis from @MBForex here: https://t.co/ijElJvmHyn https://t.co/Xv7pVMQ6h4
2020-08-06 19:42:01
DailyFXTeam Aug 6, 2020
Trump to announce 10% tariff on Canadian Aluminum - BBG
DailyFXTeam Aug 6, 2020
Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 5.25% Gold: 0.99% Oil - US Crude: 0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/gpka4HBCay
2020-08-06 18:35:01
DailyFXTeam Aug 6, 2020
IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.03%, while traders in US 500 are at opposite extremes with 76.79%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/FfFR6kxBCO
2020-08-06 18:15:01
DailyFX Aug 6, 2020
Ahead of the RBNZ rate decision next week, the New Zealand Dollar has struggled to climb higher against its major counterparts, with the exception of the US Dollar. Get your market update from @JMcQueenFX here:https://t.co/iZxV2qSVrw https://t.co/CGE3WeJ3Yl
2020-08-06 18:10:03
Aug 6, 2020

Economic Calendar

06:00:00
L
Foreign Exchange Reserves (JUL)
A:
F: $53.976B
P: R: $52.32B
09:30:00
L
SACCI Business Confidence (JUL)
A:
F:
P: R:
12:30:00
H
Unemployment Rate (JUL)
A:
F: 10.5%
P: R: 11.1%
12:30:00
H
Non Farm Payrolls (JUL)
A:
F: 1580K
P: R: 4800K
12:30:00
M
Participation Rate (JUL)
A:
F:
P: R: 61.5%
12:30:00
M
Nonfarm Payrolls Private (JUL)
A:
F: 1474K
P: R: 4767K
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