empty
 
 
18.09.2023: Calm before storm? Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
loader
11.11.2024: USD and BTC: more highs yet to come. Daily outlook for DXY, EUR/USD, BTC, Brent, RUB
2024-11-11 23:52 UTC+3
07.11.2024: USD prospects under “red sweep” scenario. Daily outlook for DXY, EUR/USD, Brent, RUB
2024-11-07 22:43 UTC+3
04.11.2024: USD trips on Blue Wall? Daily outlook DXY, EUR/USD, Brent, RUB
2024-11-04 18:38 UTC+3
Special Issue: US to become 'crypto capital' following presidential vote?
2024-11-01 15:01 UTC+3
30.10.2024: USD on track for 3% October gain. Outlook for USDX, EUR/USD, Brent
2024-10-30 22:41 UTC+3
28.10.2024: USD hits 3-month high. Outlook for USDX, EUR/USD, Brent
2024-10-28 17:02 UTC+3
25.10.2024: Trump sets trap for USD. Daily outlook for DXY, EUR/USD, Brent, RUB
2024-10-25 17:29 UTC+3
24.10.2024: USD to keep afloat or sink under pressure of fresh economic data? (DXY, EUR/USD, Brent)
2024-10-24 17:45 UTC+3
23.10.2024: USD suggests shelter ahead of tough challenges (DXY, EUR/USD, Brent, RUB)
2024-10-23 18:39 UTC+3
22.10.2024: Fed’s pause: trap for optimists or new rally for USD? (DXY, EUR/USD, Brent, RUB)
2024-10-22 17:33 UTC+3
21.10.2024: USD again holding upper hand?
2024-10-21 16:49 UTC+3
Special Issue: ELECTIONS 2024 and how the outcome will affect the dollar
2024-10-21 14:25 UTC+3
18.10.2024: USD neglects downsides, benefitting from Trump trade (S&P 500, EUR/USD, Brent, RUB)
2024-10-18 19:41 UTC+3
17.10.2024: USD and Trump eager to win. Daily outlook for S&P 500, EUR/USD, Brent
2024-10-17 16:07 UTC+3
16.10.2024: USD alert to comments by policymakers. Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-16 17:52 UTC+3
15.10.2024: Eurozone pushes USD into correction? Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-15 16:59 UTC+3
14.10.2024: Vigorous USD finds good support again. Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-14 17:58 UTC+3
11.10.2024: Hurricane boosts oil prices, USD needs fresh statistics. (S&P 500, EUR/USD, Brent, RUB)
2024-10-11 19:23 UTC+3
10.10.2024: How USD to respond to US inflation data? Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-10 22:01 UTC+3
04.10.2024: What NFPs to bring FED and USD? Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-04 18:33 UTC+3
03.10.2024: Economy and politics give USD chance again. (S&P 500, EUR/USD, Brent, RUB)
2024-10-03 18:19 UTC+3
As hawkish sentiment intensified last week, market also expect higher and longer-term interest rates. Against this backdrop, US Treasury yields soared, with 2-year Treasuries breaching the 5% level.

The US dollar index, which measures the performance of the greenback against six other major currencies, ended its ninth week with an overall gain of 0.3%. On Monday, it remained near the 6-month high near 105.3.

As investors await the most important decision of the week and the month, the US dollar also went into consolidation. In Asian trading, it traded higher within a narrow range of 105.2-105.4.

Meanwhile, interest rate decisions from the Bank of England and the Bank of Japan are also expected this week. The Japanese regulator's meeting will take place on Friday and will be the main event of the week in Asia.

Recent statements from Bank of Japan head Kazuo Ueda have drawn investor attention. The governor touched upon an inevitable drifting from the ultra-loose monetary policy. However, some analysts believe that markets may have misinterpreted the Japanese regulator's comments.

The fact is that wages in the country are falling because of the weak yen. The country's authorities are urging companies to increase payments to reduce this imbalance. In any case, the Bank of Japan may be forced to remain ultra-loose in the face of the recent weakening of wages and a possible softening of the price level.

At the same time, other arguments in favor of tightening are still not very strong. As a result, the dollar/yen pair begins this week consolidating in a narrow range between 147.5 and 147.9. The yen depreciated by 1.3% in the week following Kazuo Ueda's statement on the possible monetary policy change.

Since the beginning of 2023, the yen has already lost over 11%. This means that the pair may go higher if the head of the Bank of Japan sticks to a dovish stance and dispels hopes of tightening in the future.

Today, markets are cautions due to anticipation of the Fed decision on Wednesday. As a result, the yen ended Monday's Asian trading session strengthening against the US dollar at 147.7.

The antipodean currencies also strengthened slightly against their US counterpart early Monday. Tomorrow, markets will focus on the minutes from the Reserve Bank of Australia.

If investors see hints about a possible extension of the interest rate pause, bulls will unlikely appreciate it. Notably, the Australian regulator has kept its rate unchanged for three consecutive meetings. However, the Australian currency is more likely to react to external factors than domestic indicators.

Today, the aussie is growing on high oil prices and on the consolidation of the US dollar. The aussie/dollar pair moving in the range of 0.6427-0.6451. Despite today's growth, the Australian dollar still lacks technical bullish momentum.

However, the pair still has a chance to test the resistance of 0.6485 until the support of 0.6385 remains intact. At this point, the pair has slim chances of breaking through the resistance level, as the Australian dollar has retreated significantly from its morning highs and closed the Asian session at 0.6444.

Today, the kiwi/dollar pair is also trading higher near 0.591. Despite weak domestic economic data and mixed news from China, the kiwi is starting the week on a positive note within the daily range of 0.5897-0.5921. The New Zealand dollar is likely receiving support from bulls in anticipation of a dovish decision from the US Federal Reserve on Wednesday.

However, disappointing consensus forecasts for New Zealand's economic growth and inflation figures may hamper this positive sentiment. In addition, there is a risk of further deterioration due to the decline in New Zealand exports to the Chinese market.


00:00 Intro
00:44 Wall Street stocks
01:13 Oil
01:47 Evergrande Group
02:24 China
03:02 CME FEDWATCH TOOL
04:07 USDX
04:59 Kazuo Ueda
05:33 USD/JPY
07:02 AUD/USD
08:27 NZD/USD

https://www.instaforex.com

FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv

Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests

List of official InstaForex blogs:
https://www.facebook.com/instaforex
https://www.instagram.com/instaforex/
https://twitter.com/InstaForex

#forex_news # asian_session #instaforex_tv
Calendar and reviews
Trader’s calendar on November 13: Trump’s win to affect USD?
Trader’s calendar on November 7: Economy boosts USD instead of elections
Trader’s calendar on November 6: USD to experience pressure amid elections
Trader’s calendar on November 5: America’s next president to shape dollar's long-term future
Trader’s calendar on November 1: USD set to retreat ahead of market turmoil?
Trader’s calendar on October 31: USD caught in crossfire
সম্পাদক কর্তৃক নির্বাচিত
The face of InstaForex Company Ilona Korstin, successfully playing for the Spanish basketball team Avenida, invited InstaForex TV team to Salamanca to see the final game of Spain Championship. In addition to the basketball play-off which Ilona had won, the journalists visited the places of interest in Salamanca: the oldest European University - in olden times such persons as Cervantes, Calderуn and Lope de Vega were studying here. InstaTV team also had a chance to admire cathedrals and castles of Spanish Renaissance.
Dr. Rakesh S. Rajangam, Doctor at Newcastle University: "Important aspects in HR management" (ShowFx World Exhibition in Singapore)
Trader’s calendar on November 13: Trump’s win to affect USD?
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    প্রতিযোগীতায় অংশগ্রহণ করুন
  • চ্যান্সি ডিপোজিট
    আপনার অ্যাকাউন্টে $3,000 জমা করুন এবং $5000 এর অধিক নিন!
    চ্যান্সি ডিপোজিট প্রচারাভিযানে আমরা নভেম্বর $5000 লটারি করেছি! একটি ট্রেডিং অ্যাকাউন্টে $3,000 জমা করে এই অর্থ জেতার একটি সুযোগ নিন! এই শর্ত পূরণ করে, আপনি একজন অংশগ্রহণকারী হতে পারবেন।
    প্রতিযোগীতায় অংশগ্রহণ করুন
  • বুদ্ধিমত্তার সাথে ট্রেড করুন, ডিভাইস জিতুন
    আপনার অ্যাকাউন্টে কমপক্ষে $৫০০ টপ আপ করুন, প্রতিযোগিতার জন্য সাইন আপ করুন এবং মোবাইল ডিভাইস জেতার সুযোগ পান।
    প্রতিযোগীতায় অংশগ্রহণ করুন
  • ১০০% বোনাস
    আপনার ডিপোজিটের উপর ১০০% বোনাস পাওয়ার অনন্য সুযোগ
    বোনাস পান
  • ৫৫% বোনাস
    আপনার অ্যাকাউন্টে প্রতিটি ডিপোজিটের উপর ৫৫% বোনাসের জন্য আবেদন করুন
    বোনাস পান
  • ৩০% বোনাস
    প্রতিবার আপনার অ্যাকাউন্ট টপ আপ করার সময় ৩০% বোনাস নিন
    বোনাস পান
এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.
Widget callback