
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
On Thursday, the Australian dollar ascended versus its American rival, while the New Zealand dollar lost having hit multi-month peaks because the Fed disappointed market participants by leaving its 2018 interest rate outlook intact.
The currency pair AUD/USD gained 0.37% trading at 0.7665, which is the highest outcome since November 10.
In a widely anticipated move, the key US bank lifted interest rates to 1.50% by 0.25 basis points at the conclusion of its policy gathering on Wednesday.
The Fed didn’t change its projections for next year, including three more interest rate lifts in both 2018 and 2019, thus confounding hopes for four rate lifts in 2018.
However, the US dollar’s losses were believed to remain restricted because on Wednesday Congressional Republicans reached a compromise on final tax legislation, thus clearing the way for concluding votes next week.
The currency pair NZD/USD dived 0.26% reaching 0.7006, off last session's almost two-month maximum of 0.7027.
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.