
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
On Monday, the evergreen buck soared versus a basket of currencies, drifting away from the previous week's 6-1/2-month minimums and also shrugging off news of North Korea's new missile test because investor attention shifted to the Fed’s expected interest rate lift already next month.
The dollar index, tracking the evergreen buck versus a basket of six counterparts, grew 0.1%, hitting 97.502, staying above the previous week's value of 96.797, the lowest outcome since Nov. 9.
On Monday, John Williams, San Francisco Federal Reserve President told in Singapore that medium-term trends in American inflation were still favorable enough, notwithstanding some recent soft consumer price data.
The American economy was at or close to the Fed’s objectives of full employment as well as stable prices, as Williams informed, adding that the Fed was eager to ensure financial markets stayed calm because the major US bank slowly returned its interest-rate policy to what markets consider normal.
The US dollar tacked on moderately to 111.37 yen , holding its ground notwithstanding a cautious backdrop, which normally underpins Japan's perceived safe-haven currency.
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
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.
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.