empty
 
 
30.11.2022: Markets prepare for hawkish statements from Fed Chair. USD index, USD/JPY, AUD/USD
loader
03.02.2023: Wall Street braced for another sell-offs (S&P500, USD, CAD, Bitcoin).
2023-02-03 19:23 UTC+3
03.02.2023: More expensive dollar to influence overall situation? Outlook for EUR/USD and GBP/USD
2023-02-03 16:33 UTC+3
03.02.2023: Crude oil traders await US jobs report. Outlook for oil, gold, RUB
2023-02-03 15:04 UTC+3
03.02.2023: USD flexes muscles; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-02-03 14:17 UTC+3
02.02.2023: High-tech sector extending its rally. Wall Street alert to AAA reports.
2023-02-02 19:46 UTC+3
02.02.2023: USD to go on falling? Outlook for EUR/USD and GBP/USD
2023-02-02 16:58 UTC+3
02.02.2023: USD slumps following Powell’s dovish statements; USDX, USD/JPY, AUD/USD, NZD/USD
2023-02-02 14:21 UTC+3
01.02.2023: Wall Street anticipating red-hot forecast for 2023.
2023-02-01 19:29 UTC+3
01.02.2023: How results of FOMC meeting may affect European currencies? EUR/USD and GBP/USD
2023-02-01 17:01 UTC+3
01.02.2023: Fed meeting in focus. Outlook for oil, gold, RUB
2023-02-01 16:59 UTC+3
01.02.2023: USD trapped in narrow range; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-02-01 14:32 UTC+3
31.01.2023: Investors revising portfolios ahead of Fed verdict (S&P500, USD, CAD, Bitcoin).
2023-01-31 19:45 UTC+3
31.01.2023: Crucial moment for European currencies. Outlook for EUR/USD and GBP/USD.
2023-01-31 16:33 UTC+3
31.01.2023: Markets await Fed and ECB meetings. Outlook for oil, gold, RUB
2023-01-31 16:03 UTC+3
30.01.2023: Wall Street expresses risk aversion ahead of central banks’ meetings.
2023-01-30 19:44 UTC+3
30.01.2023: ECB influences market more than Fed. Outlook for EUR/USD and GBP/USD.
2023-01-30 16:49 UTC+3
30.01.2023: USD begins week on higher note. Outlook for oil, gold, RUB
2023-01-30 15:11 UTC+3
27.01.2023: Wall Street evaluating consumer spending and corporate earnings.
2023-01-27 19:10 UTC+3
27.01.2023: US may avoid recession. Outlook for oil, gold, RUB
2023-01-27 15:14 UTC+3
27.01.2023: USD stuck in narrow range; outlook for USDX, USD/JPY, AUD/USD
2023-01-27 14:24 UTC+3
26.01.2023: Wall Street in limbo (S&P500, USD, CAD, Bitcoin).
2023-01-26 19:40 UTC+3
The greenback somewhat stabilized on hawkish commentaries of senior US central bankers and expectations of Powell’s interview. The US dollar index added more than 1% in the previous three sessions. On Wednesday, it stayed above 106.4 points against the basket of six major currencies.

An increase in US Treasury yields provided additional support to the greenback today, which is usually followed by a sell-off of risk assets and a rise in demand for safe-haven assets. Active trading in the market will begin in the middle of the North American session after experts digest the Fed chair’s comments and macro data from the US.

In addition, the Beige Book, a review of current economic conditions across the 12 Federal Reserve Districts, is set to be published today. Ahead of these events, the US dollar index is consolidating in a fairly narrow range of 106.4–106.8.

The dollar/yen pair is staying in the red zone for the third straight day. On Wednesday, the quote rebounded from the 138.5 low and then strengthened by a quarter of a percent against the dollar. During the Asian session, the pair traded at 138.7.

Notably, the quote has limited downside potential as it is moving near the oversold range of 138.3–138.9. If sentiment remains bearish, after reaching the 136.9 support, the yen may head towards the top of early August in the area of 135.6 and then fall to the August low of 130.4.

Today, the yen also received support from the Bank of Japan report that showed an increase in inflationary pressure in the country's various economic sectors. In addition, the currency is still supported by investors' hopes that the Japanese regulator will review its monetary policy.

The thing is that the Bank of Japan’s boss Haruhiko Kuroda insisted on the importance of ultra-loose monetary policy to boost wages. He also recently said that tightening the labor market would help drive up wages ahead.

In other words, there is a chance that the regulator curtails its stimulus program and becomes more hawkish. As a reminder, inflation in the country has already accelerated to 40-year highs and came in at 3.6% in October.

In the meantime, inflationary pressure eased in Australia. Consumer prices in the country decreased to 6.9% in October from 7.3% in September, which instills optimism. Moreover, the Reserve Bank of Australia decided to slow the pace of rate hikes (0.25%).

True, consumer prices are still very high and far from the RBA's target of 2-3%. It is clear that the recent decrease in inflation came thanks to the dovish decision of the RBA. Above all else, the Australian regulator is expected to again raise the interest rate by 25 basis points next week.
In light of a slowdown in inflation, the Australian dollar came under pressure, and its further direction now depends on its American counterpart.
On Wednesday, the AUD/USD pair traded higher in the range of 0.6671–0.6733. Extending yesterday’s uptrend, the pair flirted with the 0.6700 mark. During the Asian session, the quote was seen near the area of 0.6728.

Notably, the pair’s upside momentum was underpinned by the cautious optimism linked to China’s COVID conditions. At the same time, AUD/USD fails to justify downbeat Australia’s inflation data, as well as disappointing activity figures from China.

Today, the Aussie dollar is likely to remain bearish as markets prepare for hawkish statements from Fed Chair Powell.

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

00:00 INTRO
00:38 China, COVID
01:37 US Federal Reserve System
02:58 USDX
04:13 USD/JPY
07:08 AUD/USD
日历和评论
Trader’s calendar on February 6-8: News determines market sentiment.
Trader’s calendar on February 2-3: ECB and BoE catching up with US Fed.
Trader’s calendar on January 30- February 1: Fed’s rate decision keeps traders in suspense.
Trader’s calendar on January 26-27: USD facing challenge.
Trader’s calendar on January 12-13: US Fed beats inflation?
Trader’s calendar on January 5-6: Recession fears resurface in financial markets.
编辑选择
Everyday life of a rally team is a caravan of competitions and preparations for them. A competition has finished - here comes the time to analyze tactical mistakes and work hard to improve truck performance. This video will show you daily routine of InstaForex Loprais Team and its pilot Ales Loprais whose lifestyle is rallies.
Sergey Kovalenko, trader at InstaForex, speaks about $1,000,000 he earned and his future plans (ShowFx World Exhibition in Kiev)
Trader’s calendar on February 6-8: News determines market sentiment.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
现在无法通话?
提出您的问题,用 在线帮助.