Forex factory news

Do you want to see how retail traders are currently trading the US Dollar? Check out our IG Client Sentiment Indicator. NFP Beats, US Dollar Tests Resistance This morning’s NFP report was released to a healthy print of +223,000 for the month of May, and this beat the expectation of +190k while we also saw […]

Period Data Released Estimate Actual Pips Change (1 Hour post event ) Pips Change (End of Day post event) APR 2018 05/04/2018 12:30:00 GMT 193K 164K -36 -2 April 2018 U.S. Non-Farm Payrolls (NFP) EUR/USD 10-Minute Chart The U.S. economy added 164K jobs in April following a revised 135K expansion the month prior, while Average […]

Shanghai Composite index plunged, reflecting how assets immediately impacted by US protectionism might fare. The Australian Dollar followed China’s bourses downward. That added to the sense that markets were worried about the negative knock-on effects of a trade war on the supply chain running from the country’s commodity exporters and through Chinese factories to US […]

Find out what retail foreign exchange traders make of the Australian Dollar’s chances right now at the DailyFX Sentiment Page. The Australian Dollar market can look forward to two major domestic economic news points in the coming week. Investors will get a look at official Gross Domestic Product data on Wednesday. This should have picked […]

Bank of Canada’s actions this past week, the Canadian Dollar fundamental forecast would have been bearish. Amidst trade war fears, the threat of lower oil prices and uncertainty around Italy’s political situation, the central bank still paved the way for its next rate hike. How did it do it? The BoC dropped the reference to […]

See our quarterly crude oil price forecast to learn what will drive the trend through mid-year! GOLD TECHNICAL ANALYSIS Gold prices remain stuck in familiar territory, wedged between support guiding the uptrend from December 2016 and a falling channel top set from mid-April. A push below support – now at 1291.71 – initially opens the […]

For more in-depth analysis, check out theQ2 Forecast for the Japanese Yen Interested in having a broader discussion on current market themes? Sign up and join DailyFX Currency Analyst David Song LIVE for an opportunity to discuss potential trade setups! ADDITIONAL TRADING RESOURCES Are you looking to improve your trading approach? Review the ‘Traits of […]

Do you want to see how retail traders are currently trading the US Dollar? Check out our IG Client Sentiment Indicator. US Dollar Pullback Continues Through Support as Risk Aversion Takes a Step Back It’s been an active 24 hours across markets, and the action continues into this morning as we approach tomorrow’s release of […]

Looking to learn more about how central banks impact FX markets? Check out the DailyFX Trading Guides. The combined effect of a weaker US Dollar alongside sliding US Treasury yields has proven to be a stabilizing catalyst for one asset class in particular: precious metals. Notably, Gold prices have attempted to halt their decline from […]