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.

72.12% 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.

GBP is the strongest and the AUD is the weakest before FOMC

GBP is the strongest and the AUD is the weakest before FOMC

Information is not investment advice

2021_03_17_15_37_09_Template1_Autosaved_.pptx_AutoRecovered_PowerPoint.png

GBPUSDM30.png

2021_03_17_15_40_48_Template1_Autosaved_.pptx_AutoRecovered_PowerPoint.png

AUDUSDM30.png

Ichimoku Kinko Hyo

AUD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.

AUDJPYM30.png

Fibonacci Levels

 XAU/USD: Gold facing a further weakness the last hours and trading near a full retracement area. Gold remains weak before the important FOMC decision.

XAUUSDH4.png

US Market View

U.S. stocks are seen mixed in tight trading ranges Wednesday, with the Federal Reserve set to conclude its two-day meeting later in the session. The central bank is expected to keep rates unchanged and its $120 billion pace of monthly bond purchases on hold. Of more interest will be its updated economic predictionsand its predicted path of interest rate movements going forward. In addition, the Fed will likely say whether it's extending a key exemption on bank capital requirements that could have far-reaching consequences for the bond market.

Rises in Treasury yields caused largely by bets the central bank will have no option but to step up bond buying as the pace of inflation is set to accelerate have been a key factor influencing the movement in stocks in recent weeks, specifically the tech sector, with higher rates forcing a shift into value stocks from growth.

Oil prices weakened Wednesday, after the warned that global demand won’t return to pre-pandemic levels until 2023, and growth will be subdued thereafter.

USA Key Point

  • Treasury yields continue to climb ahead of the Fed.
  • Japan reportedly making final preparations to end Tokyo state of emergency.
  • Treasury yields nudge a little higher, but it will all come down to the Fed today.
  • GBP/USD Price Analysis: Struggles to find acceptance above 100-hour SMA.
  • EUR/GBP to break below the key 0.8520 support.
  • AUD/USD trades in lower half of weekly range below 0.7750, eyes on FOMC.
  • Euro area annual Core CPI remains steady at 1.1% as expected.
  • USD/JPY: Positive phase could end below 108.50.
  • Merkel's party slides in poll as anger grows over virus management.
  • Korea: No Reason To Stop AstraZeneca Vaccine
  • EURUSD stays below its 200-hour MA.
  • US Housing starts for February 1421M vs 1560M than estimate.

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

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