All eyes on AUD

All eyes on AUD

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

Instruments to trade: AUD/USD, AUD/NZD, AUD/CHF, EUR/AUD

The Reserve Bank of Australia uses the rate statement as the primary tool to communicate with investors and give them hints on the future monetary policy. This time it will have a huge impact as the central bank will assess the current state of the Australian economy amid increasing number of virus cases. The country is suffering from the fresh resurgence of new infections, that’s why the government is forced to impose stricter restrictions. Also, officials will unveil guidelines on the economic recovery. This information will be important as Australia goes through the most severe economic contraction since the 1930s. It’s widely expected that the central bank will leave the rate unchanged at its record low at 0.25%, but it may scale up asset purchases to increase money flow to support the economy. In addition, pay attention on the overall tone of the RBA’s statement.

  • If the RBA is optimistic and increases asset purchases, the AUD will surge.
  • If the RBA is pessimistic and decreases asset purchases, the AUD will decrease.


Check the economic calendar



Gold Soars on Geopolitics
Gold Soars on Geopolitics

Good morning, traders! Here’s the most impactful news of the week and the day. The market will be highly volatile, so you better be ready. 

Can Gold Fall This Much?
Can Gold Fall This Much?

Be ready to trade like never before, as this week may turn the market upside down. US CPI, EU Interest Rate, and many news to follow. Here’s what we have:

Latest news

The Yen Sets New Lows
The Yen Sets New Lows

The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!

BlackRock CEO Supports The USD
BlackRock CEO Supports The USD

BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!

Deposit with your local payment systems

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!

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