Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Join the Facebook community of FBS!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Email tooltip

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE

View
Aussie and USD among the winners in G10 currency space

Aussie and USD among the winners in G10 currency space

Information is not investment advice

NZDUSD.png

NZDUSDM30.png

GBPCAD.png

GBPCADM30.png

Ichimoku Kinko Hyo

USD/JPY: The USD/JPY pair is now trading above the cloud. An upward wave would lead the exchange rate to eliminate to test the previous peak. Alternatively, further drop of the market will lead the pair to test the upper level of the Kumo.

USDJPYM30.png

European Market View

Equities dropped yesterday, dragged mostly by US and Latin America while Europe and Asia were higher. The inflation/stagflation trade dominating once again as yields, oil and metals all were trading higher. Value outperforming growth with cheap energy stocks outperforming long duration tech stocks. Since the ECB meeting a month ago the German 10Y yields are 25bp higher and energy sectors have outperformed semiconductors with more than 30% in the Stoxx 600. In US yesterday, major indices ended the day as follows: Dow -0.7%, S&P 500 -0.7% and NASDAQ -0.6%. This morning Asian markets are mostly lower. European and US sentiment is negative as well with futures being 0.5-1% lower.

In the FX space, JPY was the big loser yesterday with USDJPY climbing north of 113.00 which is the highest level since 2018. On the other hand, Aussie and USD among the winners in G10 currency space as rising commodity prices and continued upwards pressure on US rates set the tone. 

Similar

Popular

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later