
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Australia will release employment change and the unemployment rate on Thursday, at 02:30 MT time. The employment change shows the difference in the number of employed people during the previous month. The unemployment rate demonstrates the percentage of the total unemployed workforce looking for a job during the last month. Both indicators track situation in the Australian labour market.
The Reserve Bank of Australia is currently monitoring the situation in the economy to make the next steps concerning monetary policy. For now, the regulator remains cautious as inflation is not moving within the 2-3% range. However, serious changes in the Australian labour market may push the RBA to consider tapering. Last time, the employment change rose by 64.8K (vs the forecast of 60K), and the unemployment rate fell to 4.2% (vs 4.5% expected).
As a result, the Australian dollar outperformed other currencies.
Compare the actual figures with the forecasts in the economic calendar.
Instruments to trade: AUD/USD, AUD/JPY, AUD/NZD
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Now traders follow the economic events with new vision as inflation in the US seems like decreasing. Let’s see what releases will influence the market due to that factor.
The week will have the biggest event in the US political process over the last two years. How will the elections affect the Forex market? We covered the most important news of this week in this report.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
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 will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.