empty
 
 
06.06.2023: USD continues to exert pressure on European currencies.
loader
04.10.2024: What NFPs to bring FED and USD? Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-04 18:33 UTC+3
03.10.2024: Economy and politics give USD chance again. (S&P 500, EUR/USD, Brent, RUB)
2024-10-03 18:19 UTC+3
02.10.2024: USD asserts strength as investors give priority to safety (S&P 500, EUR/USD, Brent, RUB)
2024-10-02 17:37 UTC+3
01.10.2024: USD hurries up to recoup losses. Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-10-01 17:35 UTC+3
30.09.2024: Jerome Powell to support USD? Daily outlook for S&P 500, EUR/USD, Brent, RUB, CNY
2024-09-30 18:13 UTC+3
26.09.2024: USD in vogue again? Daily outlook for S&P 500, EUR/USD, Brent, RUB
2024-09-26 16:58 UTC+3
25.09.2024: Mass media lands punch on USD. China encourages risk appetite (S&P 500, EUR/USD, Brent)
2024-09-25 18:28 UTC+3
24.09.2024: China launches unrivalled stimulus; forecasts for US defy expectations (EUR/USD, Brent)
2024-09-24 19:15 UTC+3
23.09.2024: US government again running out of cash. How USD to respond to looming shutdown
2024-09-23 17:11 UTC+3
20.09.2024: Saudi Arabia’s statements reinforce bullish momentum in oil market (EUR/USD, Brent,RUB)
2024-09-20 17:42 UTC+3
19.09.2024: Fed Chairman gives bearish message for USD (EUR/USD, Brent crude, and RUB)
2024-09-19 16:06 UTC+3
18.09.2024: Fed’s rate decision may save USD from collapse. Outlook for EUR/USD, oil, and RUR
2024-09-18 15:24 UTC+3
09.17.2024: What could hamper USD's further weakness? (EUR/USD, Brent Crude, and USD/RUB)
2024-09-17 16:56 UTC+3
16.09.2024: USD sensitive to Fed’s policy decision. Daily outlook for EUR/USD, Brent crude, USD/RUB
2024-09-16 18:08 UTC+3
13.09.2024: Gold has never been so overvalued owing to weak USD? (EUR/USD, Brent crude, USD/RUB)
2024-09-13 19:04 UTC+3
12.09.2024: Which central bank to lower interest rates faster: ECB or Fed? (EUR/USD, Brent, USD/RUB)
2024-09-12 16:50 UTC+3
11.09.2024: What could disrupt USD’s further growth? (EUR/USD, Brent crude, and USD/RUB)
2024-09-11 15:52 UTC+3
10.09.2024: USD gaining ground and could rise higher. Daily outlook for EUR/USD, Brent, USD/RUB
2024-09-10 17:09 UTC+3
09.09.2024: News on US economy puzzles investors. Daily outlook for EUR/USD, OIL, and USD/RUB
2024-09-09 18:02 UTC+3
06.09.2024: NFPs to land painful punch on USD? Daily outlook S&P 500, EUR/USD, Brent
2024-09-06 17:48 UTC+3
05.09.2024: USD alert to NFPs. Daily outlook for S&P 500, EUR/USD, Brent
2024-09-06 10:57 UTC+3
The US dollar depreciation caused by the data on the US services sector was offset by the euro’s drop amid disappointing data from the eurozone.According to the data, in the eurozone, consumption remains very low. What is more, in April, retail sales showed zero growth instead of a 0.2% rise. Thus, sales of food and fuel dropped, whereas sales of non-food products surged.Data from Germany also turned out to be gloomy. Thus, the eurozone largest economy has been reporting a negative dynamic in its industrial sector for the second month in a row. In April, factory orders decreased by 0.4%.All the reports point to a decline in demand amid the hawkish stance of the European Central Bank. Meanwhile, Christine Lagarde is dropping hints about a further key rate hike. Ignoring alarming signals, yesterday, the ECB president expressed concerns about high inflation.Judging by the trading chart, investors are paying zero attention to the plans of the ECB and are pricing in only news about the Fed’s future policy.In this light, the euro/dollar pair changed its direction near 1.0680 amid slower growth in business activity of the US services sector. As a result, the euro partially recouped its losses. Notably, the euro is still in the oversold area against the US dollar, which causes sharp drops.However, it is too early to talk about the upward price reversal. The fundamental data will hardly encourage traders to buy the single currency. That is why if the pair slides below 1.0680, it may drop even deeper despite oversold conditions. If the price manages to climb above 1.0750 and consolidate there, especially on the four-hour chart, the situation will change in favor of buyers. Meanwhile, the pound/dollar pair reached the support level of 1.2350 because of a rapid decrease. As a result, the volume of short positions dropped and the price rebounded. This allowed the pound sterling to recover after the recent slump. Under the current conditions, consolidation above 1.2450 may lead to a further increase in the pound sterling. However, traders will consider a downward movement if the price drops below 1.2400. In the event of this, the support level of 1.2350 could be broken.

https://www.instaforex.com

FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv

Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests

List of official InstaForex blogs:
https://www.facebook.com/instaforex
https://www.instagram.com/instaforex/
https://twitter.com/InstaForex

#forex_news #european_session #instaforex_tv

00:00 INTRO
00:13 EUROZONE RETAIL SALES, M/M
00:33 GERMANY FACTORY ORDERS, M/M
00:50 ECB KEY INTEREST RATE:
01:10 EUR | USD
02:19 GBP | USD
Calendario y reseñas
Trader’s calendar on October 3-4: USD to experience volatility spike
Trader’s calendar on October 1-2: USD to withstand data from S&P Global?
Trader’s calendar on September 30: USD to get consolation prize at the end
Trader’s calendar on September 27: Signs of recession or inflation sending USD into tailspin
Trader’s calendar on September 25-26: Eurozone woes propel dollar strength
Ttrader's calendar on september 17-18: Should traders sell USD amid Fed’s key rate announcement?
Elección del editor
On November 11-12, 2011 InstaForex Company took part in ShowFX World financial exhibition in Moscow presenting its broad range of financial products and services and awarding the finalists of Miss Insta Asia contest. Precious gifts were also raffled off among the visitors. Within the event Pavel Shkapenko, Senior Business Development Manager at InstaForex gave interview for InstaForex TV telling about some success secrets of the company in the Russian brokerage market.
Max Chilton, Marussia F1 Team driver, speaks about the nuances of motorsports racing (Moscow City Racing, Moscow)
Trader’s calendar on October 3-4: USD to experience volatility spike
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Octubre, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback