Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex Bonuses

InstaForex Bonuses

Exchange Rates 09.11.2018 analysis

The US dollar will soon decline against the British pound and the euro area currency. This forecast was shared by analysts Morgan Stanley and told why under such circumstances, it is more profitable to sell one European currency against another.

The dollar will weaken due to the fact that the level of political uncertainty in the UK and the eurozone will decrease. The Brexit agreement is likely to be reached in November.

According to the American bank, the growth rate of sterling against the dollar will be higher than the rate of increase in the euro / dollar pair. In this regard, the cost of a pair of euro / pound will go down.

Exchange Rates 09.11.2018 analysis

These expectations will help to benefit, Morgan Stanley advises selling the euro against the British pound. A short position in a pair of euro / pound in terms of risk looks most attractive because the volatility of this cross rate is weaker.

The above recommendation may not work in case of breakdown of the Brexit negotiations, experts warn. In this scenario, the risk premium in pounds will increase.

Note that on November 23, the main European officials intend to discuss the "divorce" of Great Britain with the EU. The Times report said that an agreement could be reached as early as next week. This suggests the existence of a draft treaty, which can be approved in the EU. In this case, good news will arrive on Tuesday or Wednesday.

It is possible that European officials will find the project unprofitable, so traders will be cautious.

As soon as the deal is announced, the sterling will show a rally. A pair of pound / dollar can soar to the mark of 1.34.

Exchange Rates 09.11.2018 analysis

Performed by A Zotova,
Analytical expert
InstaForex Group © 2007-2018
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.