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.

Follow us on Facebook

Beginner Forex book

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

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

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 - In Google Play

Evergreen buck rallies on US-China trade deal expectations

Evergreen buck rallies on US-China trade deal expectations

Information is not investment advice

On Monday, the evergreen buck jumped reacting to news that China and America were close to making an agreement to finish a long lasting trade conflict.

On Sunday, the Wall Street Journal informed that the US cabinet could raise most or all of its levies on China’s goods, while a summit between Donald Trump and his Chinese rival Xi Jinping to sign a final trade agreement could occur later this month.

It followed remarks from Trump the previous week that he had asked Beijing to immediately remove all duties on American agricultural products because trade negotiations were progressing well.

Assessing the purchasing potential of the evergreen buck versus a number of its primary counterparts the USD index accounted for 96.51, demonstrating its best outcome since February 22.

Investors looked past remarks from American leader who told that the major US bank’s tight monetary policy was contributing to a firm greenback and affecting America’s competitiveness.

Versus the Japanese yen, the evergreen buck surged to 111.93, which is not far from Friday’s maximum of 112.07.

The common currency went down by 0.3% hitting $1.1336, which is the lowest value since February 25. Financial markets are closely watching the ECB’s monetary policy gathering later this week for further clues on whether it intends to have its Targeted Long-Term Refinancing Operation relaunched or not.

In addition to this, the UK pound gained support on easing worries that the United Kingdom will leave the EU without a deal after Prime Minister Theresa May told the previous week UK lawmakers would vote on a delay to Brexit if they decide not to approve her withdrawal pact.

Eventually, the UK pound rallied by 0.2% hitting $1.3238, making its way towards its eight-month maximum of $1.3351 recorded the previous week.



Choose your payment system

Learn more


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