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.

Equities began the week on a higher note, lifted by energy and financials

Equities began the week on a higher note, lifted by energy and financials

Information is not investment advice

EURUSD.png

EURUSDM30.png

AUDNZD.png

AUDNZDM30.png

Ichimoku Kinko Hyo

CHF/JPY: The CHF/JPY pair is now trading within the cloud. An upward wave would lead the exchange rate above the upper level of the Kumo. A failed attempt to move higher will push prices below the cloud and even lower to test the previous support level.

CHFJPYM30.png

European Market View

Equities began the week on a higher note, lifted by energy and financials. Value stocks outperformed growth and small cap outperformed large cap as tech and health care were sold off. The risk on mode yesterday took VIX back down below 20. In the US, Dow Jones was up +0.8%, S&P 500 +0.2%, and NASDAQ slightly lower by -0.1%. The positive tone continuing this morning with most Asian market higher and the same goes for European and US futures.

In the FX space, EUR/USD continues to move largely in line with global equities and relatives such as US vs Europe, or value versus growth. Although there are a few noticeable releases this week, it should be largely expected that the very high correlation between EUR/USD and equities continues as the market narrative will be largely unchanged up until the FOMC meeting next week. At the time of writing this EURUSD was trading at 1.1820 area, while USDJPY is marginally above 110.00 mark.

Similar

Popular

It’s Time to Look at New Zealand

Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.

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