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

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Dollar rises with yields, Delta fears increase uncertainty

Dollar rises with yields, Delta fears increase uncertainty

Information is not investment advice

2021_07_09_09_58_45_sos.pptx_AutoRecovered_PowerPoint.png

AUDUSDM30.png

2021_07_09_10_02_17_sos.pptx_AutoRecovered_PowerPoint.png

GBPUSDM30.png

Ichimoku Kinko Hyo

EUR/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.

EURJPYM30.png

Fibonacci Levels

 XAG/USD: Silver continuous to stand below 50% retracement area. Bulls seems that losing control of the trend.

XAGUSDDaily.png

EU Market View

European stock markets are seen opening just higher Friday, rebounding to a degree after the previous session’s sharp losses. However, a weak U.K. GDP release has added to growth concerns. he May GDP number for the U.K. showed growth of just 0.8% on the month, a sharp slowdown from 2.0% growth seen the previous month (a figure that was also revised lower). Manufacturing output fell 0.1% in May, while industrial production rose 0.8%, both much weaker than had been expected.

Also of interest, finance ministers and central bankers from the group of 20 largest economies in the world are set to meet later Friday in Venice in person for the first time since the start of the Covid-19 pandemic. Top of the agenda will be corporate tax reform, with the group expected to endorse the new rules on where and how much companies are taxed that were first proposed by the G7 countries in June.

 The dollar was up on Friday morning in Asia, as concerns over the global economic recovery from COVID-19 continue to mount. Safe-haven currencies such as the Japanese yen and Swiss franc also gained, while riskier currencies such as the Australian and New Zealand dollars remained near multi-month lows. he dollar was up on Friday morning in Asia, as concerns over the global economic recovery from COVID-19 continue to mount. Safe-haven currencies such as the Japanese yen and Swiss franc also gained, while riskier currencies such as the Australian and New Zealand dollars remained near multi-month lows

 Oil was down Friday morning in Asia even as data released on Thursday said U.S inventories fell and demand surged as economic recovery drove consumption. Crude oil supply data from (EIA) showed a draw of 6.866 million barrels. Forecasts prepared by Investing.com predicted a 4.033 million-barrel draw, while a 6.718 million-barrel draw was recorded during the previous week. The EIA also said fuel demand surged to 10 million barrels a day in the week before Jul. 4 U.S. holiday.

EU Key Point

  • Eurostoxx futures +0.4% in early European tradin
  • UK May monthly GDP +0.8% vs +1.5% m/m expecte
  • USD/JPY pushes back to 110.00 on yields bounc
  • 10-year Treasury yields bouncing back ahead of European tradin
  • Fed's Daly: It would be premature to say that we've achieved victory against the pandemic.
  • G20 Finance Ministers and Central Bank Governors' meeting begins in Italy Friday 9 July 202

Similar

Popular

Gold isn't saving investors from inflation

Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?

Choose your payment system

Feel the Team Spirit

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