Daily news: traders remain optimistic

Daily news: traders remain optimistic

  • The USD index is showing small declines on Friday after a big selloff on Thursday. Support is at 93.20, while resistance is found at 93.90. Demand for the greenback as a safe haven declined. Traders now think that the US-China trade tensions won’t lead to a global economic shock, so they buy higher-yielding riskier currencies like the AUD, the NZD and the CAD.


  • Good news for the AUD: S&P Global Ratings revised its outlook on triple-A rated Australia from negative to stable. AUD/USD is at the strong resistance at 0.7300.


  • Despite its general weakness, the USD is gaining against the JPY as the yen tends to weaken even more during the periods of market’s optimism. Plus everyone awaits a hawkish meeting of the Federal Reserve next week. Japanese CPI for August came our but didn’t have a visible impact on the market. The Bank of Japan trimmed its purchase of Japanese government bonds today. The central bank is moving away from its extremely loose monetary policy but is doing that in tiny steps. USD/JPY is targeting 113.00. Support is at 112.50.


  • EUR/USD moved up and approached 1.1820 with the next resistance at 1.1855 and support at 1.1720. The euro area will publish manufacturing and services PMIs from 10:15 to 11:00 MT time. These are the most recent data that show the region’s economic health. The first releases already came out. French indexes turned out to be weaker than expected. German manufacturing index also slipped. Weak figures provide a reason for downside correction.


  • GBP/USD retreated from the resistance at 1.3280. The 2-day summit between the UK and the EU was not a success. European Union leaders rejected the plan of British Prime Minister Theresa May and warned that time is running out for striking a deal. Theresa May promised to come up with fresh plans to break the stalemate in Brexit talks.


  • Canada will release CPI and retail sales at 15:30 MT time. The forecast for CPI is negative, while the retail sales indicator, on the contrary, is expected to show better results than last month. USD/CAD is hanging at 1.29. Support is at 1.2860/50. Resistance is at 1.2940.



Will the CPI Crash the USD?
Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!

Latest news

The US Dollar Is Correcting
The US Dollar Is Correcting

Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?

Bearish Signal For The USD
Bearish Signal For The USD

XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!

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