22.03.2023: JPY wins luster with investors; USD unable to climb. USDX, USD/JPY, AUD/USD, NZD/USD
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
31.05.2023: US may still face default. Outlook for EUR/USD and GBP/USD
2023-05-31 17:32 UTC+3
31.05.2023: Upcoming OPEC+ meeting to jolt oil market. Outlook for oil, gold, RUB
2023-05-31 15:35 UTC+3
31.05.2023: BoJ rhetoric keeps yen from falling - Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-31 15:22 UTC+3
30.05.2023: Market sentiment on Wall Street mixed amid debt limit deal, Fed’s agenda, and AI.
2023-05-30 19:52 UTC+3
30.05.2023: USD may rise amid mounting tension in Europe.
2023-05-30 17:59 UTC+3
30.05.2023: Oil, gold retreat. USD set for further gains. Outlook for oil, gold, RUB
2023-05-30 17:27 UTC+3
Given a tight labor market and higher-than-expected inflation figures for February, the Fed will have to make a very difficult decision. That is why the US dollar moved to a consolidation phase earlier this week. It has been trading in a narrow range of 103.1-103.3 for some time.

It still resists bearish pressure. However, on Wednesday morning, it dipped lower. The US dollar index is moving near a 5-week low of 103.2 versus its main rivals.

Moreover, technical indicators signal a further downward movement. The greenback may enter the horizontal support area of early January between the levels of 102.65 and 102.55. However, it may also advance to the resistance level of 104.25

The yen regained ground following the weakness of the US dollar. However, there was also another strong driver that helped the yen climb.

Chief Cabinet Secretary Hirokazu Matsuno stressed that the government would allocate more than 2 trillion yen from reserves to protect households from rising prices. The joint efforts of the government and the Bank of Japan could boost the yen in the long run. It has been weak in recent months, boosting import prices. In turn, it undermined the standard of living.

Hirokazu Matsuno’s statement bolstered bullish sentiment in the stock market. Financial companies scored the biggest gains. For example, Mitsubishi and Mizuho Financial shares grew by 3%. Sumitomo Mitsui stock advanced by 2.8%. Shares of Keyence, the leading supplier of sensors and measuring devices, increased by 3.2%

Against the backdrop of eased concerns over the banking crisis and positive statements from the Japanese government, the yen rose as a safe haven asset. Its price advanced to 132.5. Even improved risk appetite did not spook the bulls. So, the yen kept moving in the channel of 132.2-132.8.

In the afternoon, the trajectory of the dollar/yen pair will depend entirely on the Fed’s rate decision and Jerome Powell’s speech. If Powell makes hawkish statements, the US dollar may recover. If so, the pair may approach the resistance levels of 133.6 and 134.

The RBA is now less hawkish than the Fed. So, the Fed meeting and Powell’s testimony will inevitably lead to sharp price changes in the AUD/USD pair.

On Wednesday morning, the Aussie was trading in the upward range of 0.6661–0.6705. However, its growth to 0.6691 looks unstable as the US session and the Fed meeting are approaching. The volatility of the Aussie could increase.

In the event of a dovish move by the Fed, the AUD/USD could climb to the resistance level of 0.6712 and Tuesday's high of 0.6726. However, a return to the support levels of 0.6635 or even 0.6600 is more likely.

The prospects of the New Zealand dollar look more dismal given the country’s weakened economy. However, today, the kiwi was able to rise to 0.6217. Bulls and bears are tussling before the Fed meeting. So, the pair consolidated in the range of 0.6172-0.6223.

00:00 Intro
01:31 VIX
01:58 Janet Yellen
02:48 USDX
03:50 USD/JPY
05:50 AUD/USD
06:46 NZD/USD


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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
The face of InstaForex Company Ilona Korstin, successfully playing for the Spanish basketball team Avenida, invited InstaForex TV team to Salamanca to see the final game of Spain Championship. In addition to the basketball play-off which Ilona had won, the journalists visited the places of interest in Salamanca: the oldest European University - in olden times such persons as Cervantes, Calderуn and Lope de Vega were studying here. InstaTV team also had a chance to admire cathedrals and castles of Spanish Renaissance.
Dr. Rakesh S. Rajangam, Doctor at Newcastle University: "Important aspects in HR management" (ShowFx World Exhibition in Singapore)
Trader’s calendar on June 5 - 7: What economy proves to be most resilient?
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