
Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
Non-Farm Payrolls data will be released on Friday at 15:30 MT time.
Instruments to trade: EUR/USD, USD/CAD, USD/JPY, GBP/USD
It is hard to expect any good news on the coming NFP with almost 25mln people having filed for jobless benefits in the US since March. That doesn’t mean, however, that the market will be necessarily downed by it and the USD will lose value. The previous NFP brought the March unemployment rate to 4.4%, which was a very significant surge and notably higher than the market expectation. Nevertheless, the USD reacted to that in a very moderate manner. That may partly be ascribed to the state of shock that financial observers still were in and which did not ease its grip on the market at that time. This time, there will be already much more data, more plans prepared, and more clarity on the past and present economic disposition in the US. Hence, the effect on the market should be more logically shaped and defined by the nature of the labor market data we are about to receive.
Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
The dollar's status as the world's reserve currency could only be recovered if the US controls its spending. The huge budget deficit and rising interest rates on the US national debt should scare every American, analysts say. Read the full report to learn more!
Chinese investors are selling the UST. Meanwhile, the earning season continues. What's going on in the markets?
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
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!