Four Fed scenarios and one market
The dollar index on the decline for the 3rd day in a row amid rumors that the Fed will raise the rate, but would drastically soften its forecasts for monetary policy, inflation and GDP.
Read more on our view of possible scenarios and market reactions to them
The dollar index on the decline for the 3rd day in a row amid rumors that the Fed will raise the rate, but would drastically soften its forecasts for monetary policy, inflation and GDP.
Read more on our view of possible scenarios and market reactions to them
FxPro News
FxPro Blog for forex traders
American markets remained under pressure on Tuesday. S&P 500 has updated October 2017 lows, increasing losses from the start of the month to 10%. ...
Important upcoming events and publications for December, 20 (GMT):
🇬🇧 09:30 UK Retail Sales are under pressure, partly due to consumer anxiety around Brexit. The average forecast assumes a slowdown from 2.2% in October to 2.0% in November. Deviations from the forecast can have some impact on #GBP: a deeper recession will increase the negative impact on the currency.
🇬🇧12:00 Bank of England monetary policy decision is in the market's focus on Thursday. Although changes are not expected, attention will be drawn to the accompanying statement. Since Brexit is not going smoothly, a more alert tone is expected, potentially affecting pairs with #GBP.
🇺🇸 13:30 U.S. Weekly Jobless Claims can affect the #USD course. Last week we saw , unexpectedly low figures, presumably due to time factors. Fresh data is expected to grow from 206K to 219K, corresponding to the average values of the last three months.
Visit https://fxpro.news/economic-calendar/ for more details.
🇬🇧 09:30 UK Retail Sales are under pressure, partly due to consumer anxiety around Brexit. The average forecast assumes a slowdown from 2.2% in October to 2.0% in November. Deviations from the forecast can have some impact on #GBP: a deeper recession will increase the negative impact on the currency.
🇬🇧12:00 Bank of England monetary policy decision is in the market's focus on Thursday. Although changes are not expected, attention will be drawn to the accompanying statement. Since Brexit is not going smoothly, a more alert tone is expected, potentially affecting pairs with #GBP.
🇺🇸 13:30 U.S. Weekly Jobless Claims can affect the #USD course. Last week we saw , unexpectedly low figures, presumably due to time factors. Fresh data is expected to grow from 206K to 219K, corresponding to the average values of the last three months.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
⚠️ News alert!
At 12:00 GMT Bank of England monetary policy decision will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 12:00 GMT Bank of England monetary policy decision will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
⚠️ News alert!
At 13:30 GMT U.S. Jobless Claims report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 13:30 GMT U.S. Jobless Claims report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Fed’s surprise for the markets
The Fed raised the key interest rate as widely expected. But despite the fact that most of the market participants were ready for this scenario, the surprises could not be avoided. Tone of the FOMC was not so dovish as the investors hoped, initially sending the dollar into growth and triggering a sale on the stock markets.
Read more
The Fed raised the key interest rate as widely expected. But despite the fact that most of the market participants were ready for this scenario, the surprises could not be avoided. Tone of the FOMC was not so dovish as the investors hoped, initially sending the dollar into growth and triggering a sale on the stock markets.
Read more
Strengthening Cryptomarket
This week may will be remembered for a reverse of crypto market to some optimism. Bitcoin has managed to get support at $3,300. Purchases are gradually gaining momentum, that allowed the price to exceed the $4,000 threshold. Needless to say that the BTC rebounds after an excessive oversold earlier.
Read more
This week may will be remembered for a reverse of crypto market to some optimism. Bitcoin has managed to get support at $3,300. Purchases are gradually gaining momentum, that allowed the price to exceed the $4,000 threshold. Needless to say that the BTC rebounds after an excessive oversold earlier.
Read more
FxPro News
FxPro Blog for forex traders
This week may will be remembered for a reverse of crypto market to some optimism. Bitcoin has managed to get support at $3,300. Purchases are graduall...
The worst quarter for stocks within ‘the best year since the financial crisis’
Global markets continue to lose its positions and this quarter may become the worst for the US stock markets in the last 10 years amid Fed's Powell remarks that “this is the best year since the financial crisis”
Read more
Global markets continue to lose its positions and this quarter may become the worst for the US stock markets in the last 10 years amid Fed's Powell remarks that “this is the best year since the financial crisis”
Read more
🗓 Important upcoming events and publications for December, 21 (GMT):
🇬🇧 09:30 Final estimate for U.K. GDP and Current Account Balance in 3Q18 data can spur the volatility in pairs with #GBP in case of deviations from the forecast.
🇺🇸 13:30 U.S. Durable goods orders can affect the #USD pairs, as well as the stock markets. On average, analysts expect an increase by 1.8% in November, after a decline by 4.4% a month earlier. Weak data can cause some pressure in the markets.
🇺🇸 15:00 U.S. Personal Income and Outlays data are important indicator of consumer activity. Moreover, Core PCE Price Index used by Fed to access inflation trends. It is expected increase in Incomes and outlays by 0.3%, as well as the acceleration of the Core PCE Price Index to 1.9% y/y. Stronger data will come as a surprise and is able to support #USD.
Visit https://fxpro.news/economic-calendar/ for more details.
🇬🇧 09:30 Final estimate for U.K. GDP and Current Account Balance in 3Q18 data can spur the volatility in pairs with #GBP in case of deviations from the forecast.
🇺🇸 13:30 U.S. Durable goods orders can affect the #USD pairs, as well as the stock markets. On average, analysts expect an increase by 1.8% in November, after a decline by 4.4% a month earlier. Weak data can cause some pressure in the markets.
🇺🇸 15:00 U.S. Personal Income and Outlays data are important indicator of consumer activity. Moreover, Core PCE Price Index used by Fed to access inflation trends. It is expected increase in Incomes and outlays by 0.3%, as well as the acceleration of the Core PCE Price Index to 1.9% y/y. Stronger data will come as a surprise and is able to support #USD.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
⚠️ News alert!
At 09:30 GMT U.K. GDP report will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
At 09:30 GMT U.K. GDP report will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
⚠️ News alert!
At 13:30 GMT U.S. Durable goods orders report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
At 13:30 GMT U.S. Durable goods orders report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
EURUSD midday roundup
The euro is in decline, losing about 70 points from intraday highs.
📉 Euro pressured by:
📍 strong resistance level around 1.15, persistent October;
📍 markets craving for profit-taking in and demand for dollars before the holidays.
From a broader perspective, euro pressured by demand for the dollar followed the U.S. bond yield rising.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
The euro is in decline, losing about 70 points from intraday highs.
📉 Euro pressured by:
📍 strong resistance level around 1.15, persistent October;
📍 markets craving for profit-taking in and demand for dollars before the holidays.
From a broader perspective, euro pressured by demand for the dollar followed the U.S. bond yield rising.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money