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.

Euro further strength is ahead

Euro further strength is ahead

Information is not investment advice

2021_05_14_15_12_39_sos.pptx_AutoRecovered_PowerPoint.png

EURGBPM30.png

2021_05_14_15_15_01_sos.pptx_AutoRecovered_PowerPoint.png

EURJPYM30.png

Fibonacci Levels

 XAU/USD: Gold facing a further consolidation above 23.6% retracement area. Bulls come back.

XAUUSDH4.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

US Market View

U.S. stocks are seen opening higher Friday, continuing to rebound after a difficult start to the week ahead of the release of key retail sales data. This week’s volatility has largely been as a result of a surge in inflation, with consumer pricing rising at the fastest rate since 2008 and producer prices posting the biggest gain in over a decade. 

However, Federal Reserve officials have been at pains to state that the central bank’s accommodative monetary policies will not be changing any time soon. At the same time, the economic outlook is improving and the earnings season has been stronger than expected, suggesting more equity gains are possible.

Market nerves over inflation will be tested again by the release of U.S. retail sales data for April at 8:30 AM ET (1230 GMT), which are expected to slow markedly after household stimulus checks fueled a nationwide binge in spending in March.

Overall sales are expected to have risen 1.0% in the month, while core retail sales are expected to have risen 0.7%. Anything markedly stronger than that may revive concerns that the economy is already running too hot for comfort, despite largely soothing words from the Federal Reserve this week.

Oil prices rebounded Friday along with other risk assets as traders digested the return to operations of the largest fuel pipeline in the United States, the ongoing Covid-19 crisis in India, the third largest oil consumer in the world, and a broadly positive assessment of the outlook for demand growth from the International energy earlier in the week.

 

 

 USA Key Point

  • UK PM Johnson and chief medical officer Whitty to hold a press conference later.
  • ECB minutes: Rate expectations remain well anchored by ECB guidance.
  • Treasury yields keep a little lower so far on the day.
  • Equities continue to keep with the bounce from yesterday.
  • Germany sets new daily vaccination record with 1.35 million doses administered yesterday.
  • Fed tolerance is the key variable in the market right now.

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