
Do you want to get clues on the upcoming economic events?
Do you want to get clues on the upcoming economic events?
Let’s take a look at the economic calendar.
The week is full of events with the rate statements from Fed, the Reserve banks of New Zealand and Australia and, of course, the mid-term elections. Don't skip your chance to trade on the news!
Every trader knows that data in the economic calendar affect markets a lot.
On Monday, the evergreen buck stood still versus most of its key rivals, backed by hopes for tighter American monetary policy…
On the daily chart of AUD/USD, the pair managed to leave the downward channel.
On the daily chart of NZD/USD, a break of the upper boundary of the downward channel increased the bulls’ strength.
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Trade on NFP!
On the daily chart of EUR/USD, bears couldn’t break the support at 1.13, it signaled their weakness.
On Thursday, the greenback extended its losses versus a group of its opponents due to the fact that a leap in the UK currency resumed on the back of expectations that the EU and Britain are making real progress in Brexit negotiations…
The United States will release the level of Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, at 15:30 MT time on November 2.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!