Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Join the Facebook community of FBS!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Email tooltip

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area


Gold appreciates and looks again at $2000 in a long run

Gold appreciates and looks again at $2000 in a long run

Information is not investment advice





Fibonacci Levels

 XAU/USD: Gold facing a further consolidation above 38.2% retracement area. Bulls have returned recently.


Ichimoku Kinko Hyo

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


US Market View


U.S. stock futures indicated a flat Wall Street open and world shares slipped on Wednesday after a U.S. inflation leap fuelled expectations of a quicker end to Federal Reserve stimulus, while the dollar held near a three-month high versus the euro. The U.S. consumer price index jumped 0.9% in June, data showed on Tuesday, above market expectations and the largest gain since June 2008. Investors are watching the semi-annual testimony of Fed Chair Jerome Powell to Congress on Wednesday and Thursday for clues on whether the Fed will take more aggressive steps to halt rising inflation.

 The U.S. job market "is still a ways off" from the progress the Federal Reserve wants to see before reducing its support for the economy, while current high inflation will ease "in coming months," Fed Chair Jerome Powell said in remarks prepared for delivery at a congressional hearing on Wednesday. "Inflation has increased notably and will likely remain elevated in coming months before moderating," Powell said, restating the U.S. central bank's faith that current price increases, despite the concerns they are raising about unmoored inflation, are tied to the reopening of the economy and will prove fleeting. Meanwhile "there is still a long way to go" in repairing a labor market that is 7.5 million jobs away from its pre-pandemic level, with the burden falling hardest on lower-wage workers and major ethnic and minority groups, and the overall participation rate still depressed, Powell said.

Prices paid to U.S. producers rose in June by more than expected, indicating pressure is mounting on companies to pass along higher costs to consumers. The producer price index for final demand increased 1% from the prior month and 7.3% from June of last year, according to data from the Labor Department on Wednesday. Excluding volatile food and energy components, the so-called core PPI also rose 1%, the most on record, and was up 5.6% from a year ago.

The European Central Bank needs to see higher core inflation before changing its outlook and tightening policy, ECB board member Isabel Schnabel said on Wednesday.

Gold futures on Wednesday were trading higher, with bullion on track for a second straight day of gains, supported partly by softness in the U.S. dollar and a slight pullback in yields for government debt.

Investors in precious metals may be watching for testimony from Federal Reserve Chairman Jerome Powell, who will deliver the first of two days of twice-yearly congressional testimony on the state of the economy in the aftermath of COVID.



USA Key Point

  • Fed's Powell: Monetary policy will deliver powerful support until recoveries complete.
  • US PPI final demand for June 1.0% vs 0.6% estimate.
  • Canada May manufacturing sales -0.6% vs +1.0% expecte
  • ECB launches investigation phase of a digital euro projec
  • Saudi Arabia, UAE reportedly reach compromise over oil output deal.
  • BOE's Cunliffe: It is more difficult to assess inflation outlook in this unprecedented situation.



Walmart earnings outlook

Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?

Choose your payment system

Be on top of your game


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