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

10.10.2019: USD rebounds despite pressure (USDХ, USD/CAD)

On Thursday traders are opening mainly short deals on the US dollar. Despite selling, it is still trading at elevated levels. Amid jitters in financial markets, traders prefer to play safe keeping close tabs on any news from Washington.
On Wednesday investors were selling the US dollar ahead of the minutes of Fed’s latest policy meeting. Today the bearish sentiment comes from uncertainty in the US - China trade talks. Interestingly, the minutes of the September policy meeting made no impact on the US currency because the document did not shed light on a further pace of rate cuts. Importantly, financial markets are immune to most events at present except for the trade talks. In the North American trade, the US dollar perked up with its index trading at 98.72 against its rival currencies.
Investors pin hopes for a partial trade agreement between Washington and Beijing that has calmed down fears and eased demand for safe haven assets. Judging by the latest macroeconomic data from the US, the trade war has dealt a blow to the US economy. So, the White House may find it necessary to soften its rhetoric. Besides, Donald Trump is entering the presidential campaign for the second term.
As for the economic calendar, the highlight of the day is inflation data from the US. Consumer prices remained flat at 1.7% in September in annual terms. Nevertheless, this will not discourage the Federal Reserve to cut rates once again if Fed officials consider such a CPI gain to be a single spike. Market participants expected an uptick in consumer inflation to 1.8%.
Meanwhile, the Canadian dollar is gaining ground amid rising oil prices. However, it could not strengthen to the level below 1.33 versus its American rival. The USD/CAD pair is trading marginally higher at 1.3308 in the North American session.
In case the high-level trade talks between the US and China comes to a gridlock, stock markets will crash in response and the US dollar will assert strength as it has regained the status of a safe haven asset.

FX Analytics -
Forex Calendar -
Forex TV from InstaForex -

Forex charts -
Instant account opening -
Forex Trading Contests -

List of official InstaForex blogs:

#forex_news #american_session #instaforex_tv
← back to video list

InstaForex TV Events

InstaForex TV Events

InstaForex TV Calendar

InstaForex TV Calendar

InstaForex TV Interview

InstaForex TV Interview

Market TV Review

Market TV Review