Open account Log in

Risk On Remains Intact Ahead of FOMC

Read the article on FBS website

gbousd 4hr.png

GBPUSDH4.png

eurjpy 4hr.png

EURJPYH4.png

Midday Market View

The Federal Reserve are facing a tricky situation. The US election is approaching which should result in the Fed staying put.  The recent sell off in tech stocks is unlikely to be a concern just now, so cannot see the Fed stepping into back that up.  A surprise build in inventories, shutdowns in the Gulf of Mexico, and dollar weakness are all helping US oil higher.

Midday Key Point

  • EU Commission head supports that is not the time to withdraw fiscal support
  • EURUSD holds an ascending trend line ahead of FOMC

                                                                                               LOG IN

Share with friends:

Similar

Latest news

Instant opening

The website is operated by FBS Markets Inc.; Registration No. 000001317; FBS Markets Inc. is registered by the Financial Services Commission under the Securities Industry Act 2021, license number 000102/6. Office Address: 9725, Fabers Road Extension, Unit 1, Belize City, Belize.

FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar.


Payment transactions are managed by НDС Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.


Contact number: +357 22 010970; additional number: +501 611 0594.

For cooperation, please contact us via support@fbs.com.


Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.