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.

EUR/CHF : looks for a breakout in highest levels since December 2019

EUR/CHF : looks for a breakout in highest levels since December 2019

Information is not investment advice

2021_02_23_15_16_05_Template1_Autosaved_Autosaved_.pptx_AutoRecovered_PowerPoint.png

EURCHFM30.png

2021_02_23_15_19_20_Template1_Autosaved_Autosaved_.pptx_AutoRecovered_PowerPoint.png

EURGBPM30.png

Ichimoku Kinko Hyo

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

NZDJPYM30.png

Fibonacci Levels

 XAU/USD: Gold bulls return and send price again above 38.2% retracement area. It seems that a bullish trend is shaping.

XAUUSDH4.png

US Market View

U.S. stocks are seen opening lower Tuesday, with the high-growth tech sector set to be hit hard as rising bond yields force a rethink of the models underlying some valuations. Federal Reserve Chairman Jerome Powell starts his two days of Congressional hearings later Tuesday, particularly with President Joe Biden’s $1.9 trillion stimulus package likely to be approved by Congress in the next few days. The spending package implies Treasury issuance well beyond what the Fed has said it will buy. The Fed’s repeated assurances that it will keep policy loose this year have been one of the factors behind the sharp run up in assets such as commodities, as well as other assets that are implicit bets on dollar devaluation.

The pound hit its highest in a year against the euro and its highest since April 2018 against the USD after Prime Minister Boris Johnson outlined what he called a “cautious and irreversible” path out of lockdown by July.

Oil prices surged Tuesday with U.S. production slow to return from the deep freeze which affected large swathes of the country last week, including Texas, the largest crude producing state.

USA Key Point

  • UK PM Johnson is very optimistic on 21 June full reopening.
  • Sterling stays more resilient as UK reopening keeps the optimism flowing.
  • Tech leads the drop as equities correct in European morning trade.
  • Stocks turn lower on the day as hints of risk aversion creep into the market.
  • Gold holds above $1,800 but any major upside pushes likely to be elusive for now.
  • Japan reportedly to decide on Friday on whether to lift Tokyo state of emergency.
  • EUR/USD trades at one-month highs as the dollar keeps more vulnerable.

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