Market updates on October 18
De-escalation between the US and Turkey and News for the GBP are on the agenda
US Nonfarm Payrolls
| Nonfarm payrolls or NFP is a monthly change in the number of employed people. It is the significant indicator of business health and, as a result, the whole economic activity in the United States. That is why traders pay high attention to it. The US dollar needs additional rate hikes this year, so a positive reading of the indicator will increase chances of the Federal Reserve raising interest rates. Look at an economic calendar at 15:30 MT time on May 4. If the data is positive, the US dollar will rise. |
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Market updates on October 17
The European Brexit Summit will gather the main attention today...
Market updates on October 15
The GBP is going to be volatile today, while USD/TRY may be looking for a retest of its highs. Read more!
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Market updates on October 18
De-escalation between the US and Turkey and News for the GBP are on the agenda
Will the situation change for the British pound?
The reports that the UK and the EU reached a deal pushed the GBP up immediately.
Market updates on October 17
The European Brexit Summit will gather the main attention today...
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