
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
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.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% 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.
Information is not investment advice
Ichimoku Kinko Hyo
USD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
Fibonacci Levels
XAG/USD: Silver continuous to stand below 23.6% retracement area. Consolidation pressure is growing.
EU Market View
Asian equity markets traded mostly higher; Nikkei 225 outperformed on the back of the weaker JPY. A rally in Asia put global equities on track for a seventh day of gains as investors bet the U.S. will lead the world out of the COVID-19 crisis, with the focus turning to a multi-trillion-dollar spending boost by the Biden administration. The New York Times reported that President Biden will seek $6 trillion in federal spending for the 2022 fiscal year. Meanwhile, the number of Americans filing new claims for unemployment benefits plunged to the lowest since March 2020, data Thursday on showed, with companies desperate for workers to meet higher demand unleashed by a reopening economy.
The dollar moves higher in early European trade Friday, helped by rising U.S. bond yields ahead of the release of key inflation data. The dollar jumped as U.S. President Joe Biden proposed a $6 trillion budget for 2022 on Friday as the country continues its economic recovery from COVID-19. Moreover, the dollar hit a seven-week peak against the yen and firmed on other majors as traders braced for what is expected to be a robust U.S. inflation figure on Friday. The yuan has been another outperformer and has been appreciated this week as China's central bank has not pushed back too hard against appreciation, while flows in to stock and bond markets continue.
Gold is trading lower this morning in Asia as higher dollar and rising U.S. yields pressured the yellow metal. Investors also await crucial U.S. inflation data that will be released later in the day. Looking ahead, highlights include the EZ Sentiment Survey, US PCE, Chicago PMI.
EU Key Point
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.
Western countries are trying to find other options for oil and gas supplies after a 10th package of sanctions, which will put more pressure on Russian oil and decrease global oil supply. Italy, for example, is in talks with Libya.
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