Daily News: Thursday, January 18

Daily News: Thursday, January 18

A lot of important events happened in the economic world, do not miss them!

  • Reports of the Australian labor market in December 2017 were delivered at night on January 18. Data were mixed with a positive and negative index that affected currency rate in a mixed way. Aussie is falling and rising from yesterday evening.
  • USD/CAD. On Wednesday the BOC increased the Interest Rate as it was forecast. Despite expectations of the rate increase, no one knew exactly how to trade, so it affected the unclear situation on the market. On a daily chart, we can see a long legged doji, that confirms changes in market direction.  
  • EUR/USD. The euro is falling on Thursday. The greenback managed to stabilize despite a synchronized global recovery and claims of central banks to start a tight policy.
  • Another weakness. Sterling is falling because of data that shows softening U.K. inflation in December. However, it is still close to its highest level since the Brexit vote.
  • China delivered GDP report where the actual number in 0.1 percentage point is higher than the forecast. More hawkish numbers than expected are always good for the currency, so CNY is expected to rise.
  • Bitcoin fail. Bitcoin fell below $10,000 that is the half of its peak. South Korean and Chinese announcements about the ban of cryptocurrency trading crashed down Bitcoin.
  • The USA is at a loss. China’s holding of US treasuries fell to the lowest in four months.
  • But there is better news for the US. White House is going to pass a stopgap bill to keep government funded.



USD Holds the Line
USD Holds the Line

The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now. 

Apple is Under Pressure
Apple is Under Pressure

Happy Monday, dear traders! Hope you had a great weekend and you’re ready for the last trading week in 2022! Later this week we’ll announce some exciting news for you, but now let’s look through some interesting news!  Today’s events: USA, UK, Hong…

US Dollar Prepares for the Pump
US Dollar Prepares for the Pump

On the H4 timeframe, the US dollar index has formed a bullish falling wedge. At the beginning of the trading session, the price is testing the upper border of this wedge. Thus, in case of a higher-than-expected Core PCE Price Index m/m, the US dollar will skyrocket against other currencies. 

Latest news

What Currency Will Overperform?
What Currency Will Overperform?

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.

Deposit with your local payment systems

Feel the Team Spirit

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