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

View
Gold soars on American data

Gold soars on American data

Information is not investment advice

On Friday, gold managed to rally following the publication of American economic reports overnight.

On the Comex exchange, June delivery gold futures decreased by 0.2% being worth $1,281.85 an ounce.

The US Department of Labor informed that initial jobless claims headed north by 37,000 to a seasonally updated 230,000 by April 21, thus confounding experts’ forecast for a leap to 199,000.

On Wednesday, the Commerce Department told that core durable goods orders managed to leap by 0.4% in March, surpassing analysts’ forecasts for a 0.2% ascend.

As a matter of fact, without aircraft, non-defense capital goods orders that appear to be a closely watched gauge of business spending plans inched up by 1.3% in March, which is above hopes for a 0.1% rally.

Investors’ focus is going to be on the first-quarter GDP data due a bit later in the day. The data is anticipated to reveal that the American economy keeps outperforming. Traders expect a 2.2% annualized gain.

However, some market experts told that the data might demonstrate the impact from the government shutdown in 2018.

As experts pointed out, they note greater uncertainty in the first quarter GDP than usual due to the government shutdown over December-January that provoked delayed salary payments for up to 800,000 federal staff members as well as disruption to tax refunds and also regulatory approvals.

The USD index, gauging the US currency’s purchasing power versus a number of six main currencies, showed 97.843, decreasing by 0.1% from a maximum of 97.958 hit overnight.

The common currency demonstrated an outcome of $1.1143, having slumped to $1.1125 overnight.

Additionally, the UK pound was worth $1.2909, having declined to a two-week minimum of $1.2867 on Wednesday.

Similar

All eyes on AUD

The RBA will make a rate statement on August 4 at 7:30 MT time.

Popular

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