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-clientgebied

  • Persoonlijke instellingen
  • Toegang tot alle InstaForex-services
  • Gedetailleerde statistieken en rapporten over transacties
  • Volledig scala aan financiële transacties
  • Systeem voor het beheren van verschillende accounts
  • Maximale gegevensbescherming

InstaForex Partner Area

  • Volledige informatie over klanten en commissies
  • Grafische statistieken over accounts en klikken
  • Webmasterinstrumenten
  • Kant-en-klare weboplossingen en een breed scala aan banners
  • Hoog gegevensbeschermingsniveau
  • Bedrijfsnieuws, RSS-feeds en forex informanten
Account Registreren
Affiliate-programma
cabinet icon

Nog een Lamborghini van InstaForex!Misschien ben jij het die de sleutels neemt!

Doe gewoon een storting van minstens $ 1.000 op uw account!

Krijg de beste handelsvoorwaarden en aantrekkelijke bonusaanbiedingen! We hebben al 6 legendarische sportwagens gegeven! Maar daar houdt het niet op! De volgende Lamborghini Huracan van de nieuwste generatie is misschien van jou!

InstaForex investeer in uw overwinningen!

Direct openen van een account

Ontvang een brief met instructies
toolbar icon

Trading Platform

Voor mobiele apparaten

Voor handel via browser

Long-term review

Exchange Rates 22.08.2019 analysis

According to minutes of July's Fed's policy meeting, there were significant divisions with a three-way split between those who wanted a 0.50% rate cut, a 0.25% reduction, and no change in rates.

Those members who adviocate for a rate cut cited the move as a recalibration of policy stance or a mid-cycle adjustment in response to recent outlook changes rather than the start of an easing cycle. The minutes also reiterated that there was no pre-set course for policy.

The minutes overall dampened expectations of very aggressive Fed easing.

Kansas City Fed President George stated that now is not the time for policy accommodation and the dollar has maintained a firm tone.

The eurozone's PMI data beat market expectations with the manufacturing index at 47.0 from 46.5 previously while the services sector index edged up to 53.4 from 53.2. German manufacturing data recorded a slight improvement, but remained firmly in the contraction territory.

The data offered some reassurance over the outlook with waning fears that the downturn would gather pace.

In this environment, demand for safe haven assets has faded with net losses for the yen and Swiss franc. With the dollar also holding the upper hand across the board, gold has drifted lower having retreated to just below $1,495 per ounce.

Despite fragility, there is a likelihood of further market jitters and therefore higher demand for safe haven assets.

Comments from Fed Chair Powell will be watched very closely on Friday and he will need to steer a fine path between maintaining confidence in the outlook without dashing market expectations of further interest rate cuts. Overall, he is unlikely to be as dovish as widely expected that would undermine gold demand.

There are still strong reasons to expect further gold gains to $1,600 over the medium term amid an erosion of backing for fiat currencies. There is, however, a risk of a further correctional decline in the short term. Technically, immediate support is likely to be at near $1,492, although with the risk of a further net retreat to $1,480 per ounce.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Uitgevoerd door Tim Clayton,
Analytische expert
InstaForex Group © 2007-2019
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.