Daily News: Tuesday, January 16

Daily News: Tuesday, January 16

While you were sleeping, important events happened in the financial world. Our short summing up will help you to be on top of things.  

  • The yen declined. Japanese authorities can limit the growth of the currency soon. USD/JPY recovered and tried to get to 111.00.
  • The euro is steady. After the growth that was caused by optimism about the euro zone’s economic outlook and expectations for the European Central Bank to taper its quantitative easing the euro is calming down and falling to the dollar a little bit from 1.2280 to 1.2240.
  • On Monday Sterling was above $ 1.38 for the first time since the decision of Brexit. Now it is falling waiting for the Consumer Price Index that will appear at 11.30 MT time.
  • The People’s Bank of China lowered the interest rate on 63-day reverse repos, that brought it in line with other interbank rates.
  • Bitcoin is sliding ($13211.25; -2.76%) again because of the comments about tax regulation, crypto exchange shut down, crypto measures, cryptocurrency trading ban of the South Korea’s Finance Minister.
  • Cryptocurrency Hedge Funds gained 1,167% as a group in 2017. Bitcoin boom helped them to achieve such height.
  • OPEC calls to shorten the oil production do not work. Brent crude price is sliding from the highest in three years in London.


What to Trade on August 22–26?
What to Trade on August 22–26?

How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3­­ Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…

Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

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