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/USD and EUR/GBP moved sideways yesterday

EUR/USD and EUR/GBP moved sideways yesterday

Information is not investment advice

GBPUSD.png

GBPUSDM30.png

EURNZD.png

EURNZDM30.png

Ichimoku Kinko Hyo

EUR/JPY: The EUR/JPY pair is now trading slightly above the Kumo. An upward wave would lead the exchange rate to retest the previous top. A failed attempt to move higher will push prices to enter the cloud.

EURJPYM30.png

European Market View

Markets are awaiting Fed governor Powell's speech on Friday at Jackson Hole.

In the meantime, in the US durable goods orders will be released today, which is the best investment indicator of the US economy.

US stocks edged up at new records yesterday, while the session in Europe was more muted. Sector performance very aligned between the two regions though, as investors continued to buy the dip in the past week's sold sectors, including energy, consumer discretionary (the value part), materials and banks. Defensive sectors, such as health care, lagged. S&P went to new highs, up 0.2%, Dow 0.1%, and NASDAQ 0.5%. After days of massive catch-up, Asian markets are in small declines this morning. US futures also point to a muted opening.

In the FX space, EUR/USD and EUR/GBP moved sideways yesterday. SEK has had a rather strong start to the week with EUR/SEK moving towards 10.20.

Similar

Popular

Bulls Are Coming Back

The US dollar index rose to 105.40 after the Fed’s 75-basis-point key rate hike, while the stock and the crypto markets fell. However, during the past few days, investors and traders returned to risk assets as they expect inflation growth to slow. Moreover, Jerome Powell, the head of the Federal Reserve, announced the Fed might start cutting the key rate by 2024, which is the most evident hint of an upcoming market reversal.

What to trade on June 20-24?

Last week was shocking!  The US dollar gained more than 2% against other currencies ahead of the 75-basis points rate hike by the Federal Reserve on Wednesday but dropped after the announcement…

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