5 important things this week will bring us!

5 important things this week will bring us!

  • RBA rate statement (Tue, 5:30 MT (3:30 GMT) time) – The RBA Governor Philip Lowe is expected to leave the interest rate unchanged at 1.5%. However, the comments by him and the members of the Australian central bank may provide volatility to the Australian dollar.
  • Australian GDP q/q (Wed, 2:30 MT (00:30 GMT) time) – According to analysts, the level of GDP growth for Australia will increase by 0.5%. Higher-than-expected figures will boost the Australian currency.
  • BOC rate statement (Wed, 17:00 MT (15:00 GMT) time) – We anticipate no changes to the current level of interest rate (1.75%). The bank of Canada governor may throw some hints on the possible changes to the current monetary policy. If the BOC is hawkish, the Canadian dollar will rise.
  • ECB rate statement and press conference (Thu, 14:45 and 15:30 MT (12:45 and 13:30 GMT) time) – Here we also do not expect changes to the current interest rate, but the ECB president Mario Draghi may comment on the further changes to the current monetary policy. If the European central bank is more confident in the current conditions, the euro will rise.
  • US Non-farm employment change (NFP) (Fri, 15:30 MT (13:30 GMT) time) – Analysts forecast the level of NFP to increase by 185 thousand jobs. At the same time, the level of average hourly earnings is forecast to increase by 0.3% and the level of unemployment change is expected to decline to 3.9%. Higher figures for NFP and average hourly earnings and lower figures for unemployment rate will boost the USD.

Hot topics:

  • Pro-Brexiters in the Conservative party of Great Britain suggested several conditions for supporting Theresa May’s plan at the Parliament.
  • Reportedly, China and the US are in the final stage of getting a trade deal. China offers to lower tariffs on American products and the US considers to remove sanctions against Chinese products.
  • During the weekend Trump said that strong USD and rate hikes were hurting the economy.


What will move the market on November 22-26?
What will move the market on November 22-26?

Last week was not full of events, but we still saw decent moves in the charts of majors, S&P500, NASDAQ, oil, and crypto. The upcoming week will bring even more volatility to your favorite assets!

Markets Assess US-China meeting
Markets Assess US-China meeting

Hong Kong’s HK 50 index rose and the Chinese yuan edged up as traders assess the outcome of the first virtual meeting between US President Joe Biden and Chinese leader Xi Jinping.

Latest news

Deposit with your local payment systems

Be on top of your game

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.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

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

Beginner Forex book

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.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera