
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
What about the pound?
GBP/USD has been moving up (any progress in the Brexit deal always support the GBP). The trading isn’t extensive. However, there is a gap that may signal about the further upward movement. The resistance lies at 1.3125 (the pivot point). As soon as the pair sticks above this level, chances of the rise will increase. Otherwise, the fall to 1.3040 may happen.
Up to now, the pair has been moving to the resistance at 1.1675. 50-day MA puts strong pressure on the further rise. No significant economic data will be out today. The euro needs the weak USD to break the resistance. As soon as it appears above it, chances of the further rise will increase. The next resistance is at 1.1730. Otherwise, there are risks of the reversal to 1.16.
That’s all for today! Follow market news with FBS!
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.
The Fed is going to take a decision about the interest rate. This is the crucial news for the following week. What's going on in the markets and what to expect?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
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!