Greenback stands still, as US markers are closed

Greenback stands still, as US markers are closed

On Wednesday, the evergreen buck was nearly intact versus a group of its key counterparts due to the fact that American markets were unavailable for the July 4th holiday.

Estimating the evergreen buck’s purchasing power versus several crucial currencies, the USD index hit 94.38, being unchanged.

With American markets unavailable, market participants were shifting their attention to the Fed’s June gathering due out on Thursday as well as the American employment report for June expected to be uncovered on Friday.

Market participants were still careful ahead of Friday’s deadline for America to impose a 25% duty on China’s imports that the Chinese government has already vowed to match with a duty on American goods.

China’s national currency rebounded overnight right after this Asian country’s main financial institution promised to keep the exchange rate steady, thus trying to soothe  financial markets that have been affected by worries as for the fallout of the escalating trade clashes between China and America.

American leader is overwhelmed with an idea of penalizing America’s key trading partners. These are the European Union, Canada and Mexico. That’s the part of his outrageous 'America First' policy. Many investors are afraid it will have global surge impacted.

The common currency tumbled a bit. The currency pair EUR/USD sank by 0.13% being worth 1.1642.

The evergreen buck headed south versus the Japanese yen. The currency pair USD/JPY sank by 0.07% coming up with an outcome of 110.49.

As for the UK currency, it managed to surge. The currency pair GBP/USD leapt by 0.11% trading at 1.3209.

The UK pound gained support from data disclosing that activity in the British service sector speeded up at the fastest tempo for eight months in June. The UK economy rebounded in the second quarter, thus giving grounds for an August rate lift by Britain’s key financial institution.


How to trade the JPY?
How to trade the JPY?

Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:

USD and GBP Traders Await Big Moves
USD and GBP Traders Await Big Moves

The first week of November promises to be eventful, as we have the Fed meeting, the BOE update, and the NFP release. Read more details here.

What to Trade on August 29 - September 2?
What to Trade on August 29 - September 2?

Last week several important economic updates influenced the Forex market. US preliminary GDP fell less than expected (0.6% actual vs. 0.7% forecast). Below you will find the key events to trade on during the week from August 29 to September 2.

Latest news

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

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