
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
Federal Open Market Committee, a committee within the Federal Reserve System (the Fed), will reveal a detailed record of the most recent meeting on July 7 at 21:00 MT. Yes, the meeting itself has already passed, and the main outcome is known, but the details are still important.
The Fed surprised investors with its hawkish tone during that meeting. The central bank started a discussion of cutting bond buys and pointed to at least two interest rate hikes in 2023. Those words have pushed the USD up. Therefore, traders will watch the FOMC’s record closely to get hints on further Fed’s policy decision as it will influence the value of the US dollar, which is one of the most traded currencies in the Forex market.
Instruments to trade: EUR/USD, USD/JPY, XAU/USD
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
GDP in Europe is decreasing, but EURUSD jumped owing to the US labor market statistics.
The CAD is dominating the markets after the key rate increase! Read the full report to learn more about trading opportunities with the Canadian Dollar!
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
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.