Friday Market Changes

Friday Market Changes

Friday is bringing news that can influence the market. Let’s make a quick outlook of essential events for today.  

British Prime minister changes 

British Prime Minister Liz Truss has resigned after just 44 days in office. Now the officials want that her successor maintain the financial discipline needed to bolster the country's fragile finances. A new prime minister will be chosen on Monday.

If it’s known that the party is considering appointing a new prime minister who will accept fiscal largesse or any other non-standard stance, the market reaction will be just as quick and brutal. The situation will be the same as the wild four-week debacle that followed the unfortunate failure of Truss with its proposal to cut taxes and increase spending.

GBPUSD now is 1.1150. 50-, 100- and 200-period MAs are coming closer. If the pair continues the short-term downtrend, the closest target will be 1.1080. In case of a sudden reversal, the price might rise to 1.1400. 


Other news that is interesting to follow:

  • AT&T released a stable earnings report after a disastrous one last quarter and a recovery in demand for more expensive tariff plans. A company’s stock price gained 7.7%.
  • The advance of USDJPY above the symbolic $150 mark leaves traders wondering when the Japanese authorities will intervene to stop the yen from further depreciation. Next week the BoJ will update its interest rate and announce some plans for the future of monetary policy. At the moment, USDJPY is 150.430.
  • Stocks in some Chinese chip-related companies tumbled as the US considered imposing new export controls limiting China's access to powerful computing technology.
  • Oil rose after a tough week. Fears of a global economic downturn continue to weigh on the market. XBRUSD is 90.60.


Have a great weekend! 



USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

Latest news

No More US Debts in Sight
No More US Debts in Sight

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.

Gold Rises as Central Banks Buy More
Gold Rises as Central Banks Buy More

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.

US Evades Default This Time
US Evades Default This Time

Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!

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