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

FREE

View
NFP Dissapoints – Risk Off Gains Momentum

NFP Dissapoints – Risk Off Gains Momentum

Information is not investment advice

2020_10_02_16_28_49_Template.pptx_AutoRecovered_PowerPoint.png

GBPUSDM30.png

2020_10_02_16_33_50_Template.pptx_AutoRecovered_PowerPoint.png

USDCHFM30.png

Ichimoku Kinko Hyo

AUD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.

AUDJPYM30.png

Fibonacci Levels

XAG/USD: Silver during the last hours is trying to move higher and continues to stand a bit 23.6% retracement area.

XAGUSDM30 (1).png

US Market View

Very muted market reaction after NFP. However, given the margin of error some of the recent prints have seen (in relation to consensus estimates), this can be considered a rather "in-line" release. The U.S. labor market's recovery weakened in September, with the economy adding only 661,000 new nonfarm jobs through the middle of the month, less than half of what it created in the month through mid-August.

US Key Point

  • Fed's Harker: Will accept periods of above 2% inflation after long periods of sub-2%
  • Madrid and nine nearby cities to enter partial lockdown today
  • EURUSD defines the range. Moves a little lower after the jobs report.

                                                                                                 LOG IN

Similar

Popular

Microsoft: earnings report on July 27

What will happen?  Microsoft, the US IT company, will present its earnings report for the second quarter on July 27 after the stock market closes (23:00 GMT+3)…

Choose your payment system

Learn more

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