Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

Volatility for the EUR is coming

Volatility for the EUR is coming

Updated

What will happen?

Eurozone, France, and Germany will publish the flash services and manufacturing PMIs on February 19, from 10:15 to 11:00 MT time. These indicators represent indexes based on the surveys of purchasing managers from a particular industry. Combined, they provide a big boost in the volatility of the EUR during the early hours of the European trading session.

How to trade on the European PMIs?

The indicators provide a broad view of businesses' thoughts on current economic conditions. If an index is above 50, it indicates an expansion of an industry. Vice versa, if an index lower than 50, the industry is contracting. Additionally to these measures, we compare the actual data with analytical forecasts.

  • If the figures are higher than the forecasts, the EUR will strengthen.
  • If the figures are lower than expected, the EUR will slide.

Check the economic calendar

Instruments to trade: EUR/USD, EUR/GBP, EUR/CHF

EUR.jpg

LOG IN

Deposit with your local payment systems

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com