Online Forex broker
On Thursday, the evergreen buck tacked on, paring some of the losses it faced after Donald Trump told that a shutdown of the government was probable and even threatened to cancel the North American Free Trade Agreement.
On Thursday, Trump warned that he might terminate the NAFTA trade treaty with Canada and Mexico after three-way negotiations didn’t managed to bridge deep differences. Additionally, he told he might shut down the government if he fails to obtain funding to erect a wall on the US-Mexico border.
His remarks emerged ahead of a looming debate in Congress as for lifting the debt ceiling, and also knocked the US currency lower on Wednesday.
On Thursday, the evergreen buck managed to regain some ground. Against the Japanese yen, the US currency went up 0.1% being worth 109.19 yen, having dropped 0.5% on Wednesday.
The greenback’s upside potential seems restricted for now, as some financial experts point out.
During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
The US unemployment claims are announced on Thursday at 15:30 MT time.
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.
S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.
PMI reports from the EU, the UK, and the USA will be released during the day!
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
Manager will call your number
Next callback request for this phone number
will be available in {time}
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.
|
