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

Trading plan for March 21

Information is not investment advice

As usual, let’s look at the economic calendar to see if there are any good trading opportunities for today.

The day will be full of the events for the British pound. At first, we need to anticipate the release of the retail sales at 11:30 MT time.  The indicator is expected to decline by 0.4%. If the actual figures are higher, the GBP will be supported. Also, the Bank of England will release its monetary policy summary and announce the official rate at 14:00 MT. We don't expect any changes here, as the central bank is driven by the uncertainties over Brexit. Though, the BOE governor Mark Carney may provide supportive comments for the British pound.   

Of course, the most important event for today is the start of the EU Economic Summit. During this summit, the European leaders will decide on the extension of the Brexit process. Yesterday, the British prime minister told that she was not prepared to delay Brexit any further than 30 June. In response, the European Council Donald Tusk said that such a short Brexit extension would only be possible if Parliament agrees to support the unfortunate Brexit deal until March 29. If the sides reach an agreement today, the GBP will rise. More uncertainties will pull the pound lower. That’s why it’s highly important to follow the updates for today. At 16:30 MT time Theresa May will make her statement to the EU leaders. The final decision by the EU will be expected at around 20:00 MT time.

Similar

January 27. Fed will drive the market!

The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?

January 26: wanna grab some dollars?

The USD is strengthening, while S&P 500 and NASDAQ paused their advance. Traders and investors worry that the US fiscal stimulus won't arrive soon. The video contains our trade ideas, what are yours?

Popular

January 27. Fed will drive the market!

The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?

January 26: wanna grab some dollars?

The USD is strengthening, while S&P 500 and NASDAQ paused their advance. Traders and investors worry that the US fiscal stimulus won't arrive soon. The video contains our trade ideas, what are yours?

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