
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
UK Preliminary Quarterly GDP is out on Thursday at 09:00 MT time.
Instruments to trade: EUR/GBP, GBP/USD, GBP/CAD, GBP/CHF
The British economy is facing a number of difficulties. Not that the other economies are just fine, but there is an overlapping of various problems peculiar to the UK. Brexit’s unclear outlook, end of the state’s financial support, countrywide job cuts, and the restrictions imposed in the country are the central issues. So far, the GBP has been relatively steady in view of the dire economic context. That’s why the release of the Preliminary Quarterly GDP may become a crucial crossroads for the British pound to either keep standing or finally succumb to the overwhelming pressure of issues. If the figures are even slightly higher than thought, that may be a stepping stone for the GBP to take an upward trajectory against its counterparts. Otherwise, it will tremble – at least.
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
US stock markets started falling, while the US dollar is rising. What to expect from
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
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!