FX.co ★ Trader’s calendar on february 6-8 May: USD may face sell-off amid NFP

Today, the US dollar index dropped to the lowest level in the last three weeks and tested the support level of 105.3 points. It may close the week with a 1% decline. The US dollar started falling because of the comments provided by the Fed Chair. On Wednesday, Jerome Powell almost excluded the possibility of a new key rate hike. However, he pinpointed that the final decision would depend on macroeconomic data. In this light, the US dollar stagnated until the publication of the US non-farm payrolls.

www.instaforex.com

FX Analytics - www.instaforex.com/forex_analytics

Forex Calendar - www.instaforex.com/forex_calendar

Forex TV from InstaForex - www.instaforex.com/instaforex_tv

Forex charts - www.instaforex.com/charts

Instant account opening - www.instaforex.com/fast_open_live_account

Forex Trading Contests - www.instaforex.com/forex_contests

List of official InstaForex blogs:

www.facebook.com

www.instagram.com

twitter.com