DailyFX - Daily Briefings

Daily Briefings
  1. Euro Eyeing German CPI as US Dollar Braces for 3Q GDP Data
    The Euro eyeing German CPI data as markets weigh up the fate of ECB QE. The US Dollar is bracing for third-quarter US GDP data to set the tone for Fed rate hike bets.
  2. Upbeat U.S. GDP to Thwart EUR/USD Rebound; Bear-Flag in Focus
    A marked pickup in U.S. GDP may undermine the near-term rebound in EUR/USD and cast a bearish outlook for the exchange rate as it boosts bets for a Fed rate-hike.
  3. China’s Market News: Hong Kong Unleases New CNH Liquidity Scheme
    The Hong Kong Monetary Authority announced two new arrangements regarding the offshore Yuan liquidity.
  4. NZD/USD at Risk for Further Losses Heading into U.S. 3Q GDP
    Although the weekly opening range remains intact, the pair is vulnerable heading into key US data tomorrow. Here are the updated targets & invalidation levels that matter.
  5. Yen, Sterling Price Action and Central Bank Inference
    In a world where Central Banks have become the primary driver of trends, a dearth (or abundance) of Central Bank activity can lead to considerable speculation around what they might do next.
  6. Several Key FX Crosses at Potential Turning Points
    AUD/JPY, AUD/USD, GBP/JPY, GBP/USD, and USD/JPY - among others - are at significant crossroads.
  7. Crude Oil Fails to Sustain Gains After Spiking on Inventory Data
    Crude oil prices failed to sustain gains having spiked upward after the EIA unexpectedly reported a drop in inventories. Risk appetite trends now enter the spotlight.
  8. Pound Looks to UK GDP to Gauge Growth Trends After Brexit Vote
    The British Pound is looking to third-quarter UK GDP data for the first comprehensive look at economic growth trends following the Brexit referendum.
  9. Robust U.K. GDP Report to Propel GBP/USD Rebound
    The U.K. 3Q GDP report may propel the near-term rebound in GBP/USD should the data print dampen expectations for an imminent BoE rate-cut.
  10. Oil Price Sell-off to Gain Traction on a Break Below 48.80
    Crude prices turned from the June highs last week with the pullback now testing initial support. Here are the updated targets & invalidation levels that matter.
  11. China’s Market News: Banking Regulators Curb Leverage through Wealth Management Products
    Amid the rising credit issued to the housing sector, Chinese policymakers introduced tightened rules.
  12. Dollar Softens to Support - Is the Bullish Move Ready to Run?
    The Dollar has put in an aggressive move of strength so far in October; but is seeing its first support test of a prior 'higher-low.' Is the bullish move in USD ready for resumption?
  13. Gold Price Rebound May Struggle for Lasting Follow-Through
    Gold prices may struggle to find continued follow-through after the metal posted the largest daily gain in a month against a backdrop of US Dollar selling.
  14. US Dollar, Yen May Rise as Commodity FX Suffers in Risk-Off Trade
    The anti-risk US Dollar and Japanese Yen may rise while the sentiment-geared commodity dollars face selling pressure as risk appetite sours across financial markets.
  15. Strong Australia CPI to Bolster AUD/USD Outlook Ahead of RBA Meeting
    Signs of stronger inflation may boost the near-term outlook for the Australian dollar as it dampens bets for an RBA rate-cut.
  16. China’s Market News: PBOC Officials Comment on Yuan, Economy
    China’s top policymakers addressed on Yuan rates and other major issues after the Yuan dropped to record lows. Here are the highlights:
  17. AUD/USD Rebound Looks to 3Q Australia CPI for Fuel
    Aussie price action remains constructive while above the weekly lows heading into Australia CPI data tonight. Here are the updated targets & invalidation levels that matter.
  18. USD/JPY Breakout Attempt Foreshadowing ’Risk’ Rally?
    Rate hike odds for December are up again, lifting the US Dollar. However, this time around, risk appetite is in much better shape.
  19. Pound May Weaken as BOE Governor Carney Testifies on Brexit
    The British Pound may decline as Bank of England Governor Mark Carney testifies on the consequences of and the monetary policy response to the Brexit referendum.
  20. Crude Oil Prices Show Early Topping Signs Near 4-Month Highs
    Crude oil prices recovered from intraday losses as Russia mulled joining OPEC’s output management scheme but chart positioning hints at top may be forming.

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.