GET READY for volatility - don't miss NONFARM PAYROLLS
Dear traders, Are you ready for the release of NonFarm Payrolls? Today, on February 2, at 15:30 Moscow time, data on employment and unemployment in the United States for January 2024 will be released. Often, the release of this data causes a spike in volatility in the markets.
Low NFP (less than 150 thousand) can put pressure on the USD exchange rate: investors will assume that the Fed will reduce the pace of rate hikes. High NFP (over 250 thousand) are able to strengthen the US currency, highlighting the strength of the labor market, and reviving expectations of a sharper and longer rate hike.
Keep an eye on upcoming key events that may significantly affect the markets.
Keep up to date with the news with the Economic Calendar FxPro!
It is available on the website and in the branded mobile application.
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Dear traders! This Thursday, December 26 (starting at 15:00 trading terminal time), the next, 23rd Round of the Grand Capital Cup Tournament for Traders will take place.
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A trader who does not take into account the risks of Forex trading may lose his deposit. This is the reality of financial markets. Annoying mistakes and loss of deposit can be avoided by attending the training webinar "Trader's risk management and evaluation of the effectiveness of trading strategies." At the webinar, you will be able to master the techniques of risk management and learn how to evaluate the effectiveness of your trading strategies. This will prevent you from losing your deposit and will give you the opportunity to trade even more profitably. The seminar will be organized by NPBFX together with the FX-Instructor Distance Learning Center this Thursday, February 6.
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Trading in financial markets with margin financial instruments has a high level of risk and may lead to losses and loss of investment funds. When starting trading, make sure that you are fully aware of all the risks, as well as have the appropriate knowledge and experience for trading.
