Source: ForexYard
At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the Facebook earnings report, scheduled to be released this Thursday, July 26th at 22:00 GMT. Investors will be eyeing Thursday’s report to see if Facebook can bounce back following its disastrous IPO in May. As can be seen in the chart below, Facebook shares have fallen 24% since May.
Don’t miss out on another opportunity to capitalize on market volatility!
If the earnings report disappoints, Facebook shares could fall further before markets close for the weekend. That being said, any better than expected news on Thursday could help the social network recover some of its recent losses. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don’t miss out!
Forex Market Analysis provided by ForexYard.
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