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.

69.21% 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.

EURGBP moved somewhat lower

EURGBP moved somewhat lower

Information is not investment advice

AUDUSD.png

AUDUSDM30.png

GBPAUD.png

GBPAUDM30.png

Ichimoku Kinko Hyo

EUR/JPY: The EUR/JPY pair is now trading within the Kumo. An upward wave would lead the echange rate above the upper level of the cloud, with immediate target the previous peak. On the other hand, a failed attempt to move higher will push prices to find support at the lower level of the cloud.

EURJPYM30.png

European Market View

COVID-19 cases are on the rise again in different parts of the world and countries are taking measures to deal with the problem. After rising contaminations, the Netherlands has decided to enter a three-week partial lockdown forcing bars, restaurants and supermarkets to close at 20.00 and non-essential stores to close at 18.00. Also, spectators will be banned from sporting events and people are being urged to work from home. This illustrates the rising risk of new lock-down measures being put in place in developed countries. Also, Austria and Germany have issued tougher measures.

Possibly the next 3-6M will be challenging in Europe and in the US and could expect many countries will re-introduce (or tighten) some of the soft measures like face mask requirements and COVID-19 green pass.

In the equities space last week, we saw both defensives/cyclicals and growth/value among winners- and losers. On Friday, preference reversed for the week, with growth names generally outperforming. Communication services and tech were among the leaders, while value defensives such as energy, utilities and consumer staples lagged behind. Asian markets are mixed this morning, despite the strong Chinese macro numbers. US futures slightly higher.

In the FX space Friday’s session was generally characterised by modest USD gains and both EURUSD and EURGBP moved somewhat lower. 

Similar

Popular

How Will BoJ Meeting Affect the Yen

Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus

Choose your payment system

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