19.11.2021: BTC slumps, US stocks at record highs (S&P500, DXY, USD/CAD, BTC/USD)
07.06.2023: Wall Street trading flat ahead of Fed’s policy meeting.
2023-06-07 20:36 UTC+3
07.06.2023: USD loses upward momentum? Outlook for EUR/USD and GBP/USD
2023-06-07 17:40 UTC+3
07.06.2023: Doubts arise over USD strength. Outlook for oil, gold, RUB
2023-06-07 15:08 UTC+3
07.06.2023: USD and JPY maintain bullish bias; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-07 14:50 UTC+3
06.06.2023: Wall Street at standstill, crypto market in perfect storm.
2023-06-06 20:16 UTC+3
06.06.2023: USD continues to exert pressure on European currencies.
2023-06-06 17:50 UTC+3
06.06.2023: Oil resumes slide despite Saudi plan to deepen output cuts. Outlook for oil, gold, RUB
2023-06-06 15:59 UTC+3
06.06.2023: RBA unexpectedly hikes rate; USD maintains uptrend. USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-06 14:49 UTC+3
05.06.2023: Wall Street consolidating gains (S&P500, USD, CAD, Bitcoin)
2023-06-05 19:22 UTC+3
05.06.2023: Upside potential of USD seems limited.
2023-06-05 16:37 UTC+3
05.06.2023: Oil prices pop after OPEC+ meeting. Outlook for oil, gold, RUB
2023-06-05 16:13 UTC+3
05.06.2023: Fed starts blackout period; USD in narrow range. USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-05 15:32 UTC+3
02.06.2023: Wall Street shrugs off default fears anticipating pause in rate hikes.
2023-06-02 20:24 UTC+3
02.06.2023: How news about US employment may support USD? Outlook for EUR/USD and GBP/USD
2023-06-02 17:55 UTC+3
02.06.2023: Fed to take pause in monetary tightening? Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-02 15:14 UTC+3
02.06.2023: Trades await OPEC+ oil output decision. Outlook for oil, gold, RUB
2023-06-02 15:04 UTC+3
01.06.2023: Wall Street trading cautiously, but optimism dampened by strong labor market.
2023-06-01 19:49 UTC+3
01.06.2023: Oil prices under pressure again. Outlook for oil, gold, RUB
2023-06-01 17:09 UTC+3
01.06.2023: USD keeps winning. Outlook for EUR/USD and GBP/USD
2023-06-01 17:02 UTC+3
01.06.2023: USD rises despite Fed’s dovish rhetoric; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-01 15:38 UTC+3
31.05.2023: Wall Street alert to vote on debt ceiling deal.
2023-05-31 20:22 UTC+3
This Friday opened on a quiet note. Indeed, the economic calendar is empty today. No news has been released. However, the situation has just changed. What has actually happened? Watch this video till the end!
On Thursday, the S&P 500 gained 0.3% and closed almost at the highest level of the year. Today the index carried on with its growth, trading now at near 4,704. The expected corridor for today is between 4,700 and 4,710. Soaring inflation is putting investors on edge. Amid expansion in retail sales and a consumption boom, the stocks of Alibaba, one of the largest retailers, tumbled 8%. This happened in response to the report showing that its quarterly earnings dropped unexpectedly 30%. Alibaba reckons that poor financial results come as a result of high inflation.
Besides, rampant inflation halted a rally of the US dollar. Indeed, the market is aware that the US Fed downplays the gravity of consumer inflation at elevated levels. Experts think that the greenback began a downward correction yesterday for this reason. On Friday, the US dollar index extended its slide to 95.60 and edged up to 95.90 later on. This dynamic matches our expectations. Meanwhile, the index is trading in a corridor between 95.5 and 96 points that will go on until next week.
As the US dollar is taking a pause, the USD/CAD pair is currently consolidating. Oil prices are trading lower, trying to reverse upwards. The USD/CAD pair grew to 1.2630. Today the currency pair is likely to hold in the corridor between 1.2600 and 1.2640. Apparently, the pair will make a local correction in a few hours and the price will hover at around this level until next week.
The most interesting market news today is that Bitcoin sank to 56,000 dollars. A lot of crypto traders doubted that the price would fall so sharp. Yesterday, we told you that 56 – 57,000 dollars was seen as a support level and in case of a decline, the price would correct upwards from these levels. This is what is going on now. Bitcoin rebounded to 57,800 dollars. Is the market resilient enough to recover in full? The flagship cryptocurrency is losing ground in light of the news from China. Beijing introduces new measures amid a crackdown on the crypto industry. In 2021, the government banned all kinds of crypto transactions and mining. In November, the government warned public firms against mining. So, it makes sense to consider just a technical picture. Bitcoin could rebound to 58,000 and again shed another 2-3,000 dollars. This will not happen unless the price settles above 58,000 and consolidates at such levels.
That’s all I wanted to tell you in the evening video. Experts predict that the US stock market might be able to print new annual highs closing today. Have a nice weekend! See you next week!
00:00 Situation on the US market
00:20 S & P500
01:15 DXY
02:01 USD / CAD
02:35 Bitcoin
04:04 Results


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Calendario e recensioni
Trader’s calendar on June 5 - 7: What economy proves to be most resilient?
Trader’s calendar on June 1 - 2: Excessive market optimism in Europe?
Trader’s calendar on May 29-31: Analysts provide gloomy forecasts for China.
Trader’s calendar on May 25 - 26: USD to post gains?
Trader’s calendar on May 22 - 24: USD to remain strong?
Trader’s calendar on May 18 - 19: This week to decide USD's future.
Scelta della redazione
At "World Finance Awards" the British magazine "World Finance" named InstaForex the "Best Broker in Asia" for the third time in line. Find out a short review of this event and enjoy London sights.
Ilona Korstin, Russian basketball player, speaks about the life of a modern athlete (Salamanca)
Trader’s calendar on June 8 - 9: USD to continue its rally?
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