25.01.2023: USD and JPY choppy ahead of crucial data; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
22.03.2023: How Europe manages to put USD under pressure? Outlook for EUR/USD and GBP/USD
2023-03-22 15:17 UTC+3
22.03.2023: JPY wins luster with investors; USD unable to climb. USDX, USD/JPY, AUD/USD, NZD/USD
2023-03-22 14:47 UTC+3
22.03.2023: Fed rate decision takes focus. Outlook for oil, gold, RUB
2023-03-22 14:32 UTC+3
21.03.2023: Investors dispelling fears; risky assets gaining ground after sell-off.
2023-03-21 19:55 UTC+3
21.03.2023: USD to face sell-off?
2023-03-21 15:40 UTC+3
21.03.2023: USD breaks out of narrow range ahead of Fed meeting; USDX, USD/JPY, AUD/USD, NZD/USD
2023-03-21 15:33 UTC+3
21.03.2023: Recession fears return. Outlook for oil, gold, RUB
2023-03-21 15:20 UTC+3
20.03.2023: Wall Street still digesting turbulent weekend.
2023-03-20 19:28 UTC+3
20.03.2023: Banking crisis worries persist. Outlook for oil, gold, RUB
2023-03-20 17:31 UTC+3
20.03.2023: Investors prefer European currencies to USD.
2023-03-20 16:32 UTC+3
20.03.2023: USD bulls in control despite downward movement (USDX, USD/JPY, AUD/USD, NZD/USD)
2023-03-20 15:38 UTC+3
17.03.2023: Storm calms down but jitters still simmering.
2023-03-17 20:27 UTC+3
17.03.2023: USD declines amid increased risk appetite; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-03-17 16:10 UTC+3
17.03.2023: Markets expect fresh signs of recession in US.
2023-03-17 14:17 UTC+3
17.03.2023: ECB stokes recession fears. Outlook for oil, gold, RUB
2023-03-17 13:59 UTC+3
16.03.2023: Wall Street soothing its nerves after several volatile sessions.
2023-03-16 20:09 UTC+3
16.03.2023: Oil prices sink on banking fears. Outlook for oil, gold, RUB
2023-03-16 16:38 UTC+3
16.03.2023: How ECB may react to banking crisis?
2023-03-16 16:34 UTC+3
16.03.2023: Investors cast doubt on USD as safe-haven asset (USDX, USD/JPY, AUD/USD, NZD/USD)
2023-03-16 16:05 UTC+3
15.03.2023: Wall Street braces for market turbulence.
2023-03-15 21:09 UTC+3
15.03.2023: US banking crisis spreads to Europe. Outlook for oil, gold, RUB
2023-03-15 16:57 UTC+3
While investors are anticipating a smaller rate hike, the US dollar is consolidating in a narrow range of 101.7-102.0. Today, it has already tested the resistance level of 101.5 versus its main rivals. After that, it rose slightly to 101.8.

Given that on Tuesday the US currency was rather volatile following PMI data, today and tomorrow there could be new price swings in the greenback. The PMI Manufacturing Index is a leading economic indicator of production and inflation. Its growth has a positive effect on the US dollar.

However, the US currency remains in the bears’ claws. The Manufacturing PMI Index for January amounted to 46.8%, remaining below the critical level of 50.0. It means that it is still contracting. So, investors should be ready for new sharp movements of the US dollar index before the publication of GDP data and other macro stats on Thursday.
The yen is also hesitant to pick up a trajectory. It is consolidating in the range of 130.0-130.6. The main drivers for the yen are mixed results on Wall Street, the weakness of the US dollar, and falling government bond yields.
However, the difference in monetary stance between the Bank of Japan and the Fed is facilitating a further rise in the dollar/yen pair. In the Asian session, it showed moderate growth. After a reversal from the weekly high of 131.1 yesterday, the pair was trading at 130.4.
Overall, it is trading choppily before the release of crucial US data. It is trying to settle at 130. Given the possible policy reversal by the Bank of Japan in several months, the bears are likely to take the upper hand.
Whereas the yen and the US dollar are consolidating ahead of economic reports, the Aussie surged following inflation data. Annual inflation in Australia jumped to the highest levels since the early 1990s.

Food prices rose to a whopping 9.2% in the fourth quarter. It happened against the background of an increase in consumption during the winter holidays and the full recovery of the country's economy.

Yesterday, Treasurer of Australia Jim Chalmers calmed the markets and said that the worst part of the inflation crisis is over.

However, given the recent highs, inflation has not peaked yet. Analysts do not rule out the fact that the RBA will have to raise interest rates more aggressively at its next meeting in February.
On Wednesday morning, the Aussie broke through the resistance level of 0.7100 for the first time in the last five months. It soared even higher to 0.7117. In the Asian session, the AUD/USD pair was moving in the upward channel of 0.7032-0.7125.

Due to mounting inflationary pressure, the quotes were hovering at 0.7102. New support levels may be located at the recent lows of 0.6872 and 0.6860. Resistance levels are seen at the previous highs of 0.7137 and 0.7283.

The NZD/USD pair has an opposite dynamic. Consumer prices in New Zealand dropped to 7.2%, which was below the Reserve Bank of New Zealand’s projection of 7.5%. It reinforced expectations of less aggressive rate increases this year.

The pair sank to 0.6484. In the Asian session, it was trading in the downward range of 0.6467-0.6507.

00:00 Intro
01:50 USDX
02:51 USD/JPY
03:48 AUD/USD
05:24 NZD/USD


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:

#forex_news # asian_session #instaforex_tv
Trader’s calendar on March 20-22: What shapes USD more: banking crisis or Federal Reserve?
Trader’s calendar on March 16-17: USD losing bullish momentum?
Trader’s calendar on March 9-10: What can be more serious than Fed Chair’s testimony?
Trader’s calendar on March 6-8:Global central banks still considering future monetary policy changes
Trader’s calendar on March 2-3: US economy losing momentum, but USD extending its growth.
Trader’s calendar on February 27-March 1: China leads, US heads for recession.
InstaForex TV team visited the Iguazu Falls and the world-known Brazilian Bird Park on the way to Dakar 2012 in South America. InstaForex is the title sponsor of InstaForex Loprais Team, a participant of the Dakar rally. Join us in our promenade and listen to the roar of great water streams falling from the celestial heights, feel the dew of rainforests and enjoy bright colours of tropical birds. In this video you will learn why the Iguazu Falls is called a Wonder of the World and see birds which you can hand-feed in park aviaries.
Ruslan Makhauri, the winner of the Hummer to a Jammy Fellow campaign: "Thanks to InstaForex, fortune smiled on me" (ShowFx World Exhibition in Moscow)
Trader’s calendar on March 20-22: What shapes USD more: banking crisis or Federal Reserve?
  • Grand Choice
    Contest by
    InstaForex always strives to help you
    fulfill your biggest dreams.
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 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.
  • 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.
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
提出您的问题,用 在线帮助.