14.09.2023: USD seeks reasons to soar. Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
18.09.2023: USD continues gaining in value despite obstacles. Outlook for EUR/USD and GBP/USD
2023-09-18 18:14 UTC+3
18.09.2023: Calm before storm? Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-09-18 16:08 UTC+3
18.09 - Commodities - Oil gains on tight supply expectations. Outlook for oil, gold, RUB
2023-09-18 15:43 UTC+3
15.09.2023: Wall Street making downward retracement after yesterday’s rally (S&P500, USD, CAD, BTC)
2023-09-15 20:19 UTC+3
15.09.2023: US Dollar remains resilient to all headwinds. Outlook for EUR/USD and GBP/USD
2023-09-15 19:08 UTC+3
15.09.2023: Gold prices set to resume rally. Outlook for oil, gold, RUB
2023-09-15 15:41 UTC+3
15.09.2023: China puts pressure on USD, JPY loses hope for uptrend. USDX, USD/JPY, AUD/USD, NZD/USD
2023-09-15 13:34 UTC+3
14.09.2023: Wall Street less sensitive to inflation data than US Fed? (S&P500, USD, CAD, Bitcoin)
2023-09-14 20:03 UTC+3
14.09.2023: ECB’s decision hampers USD uptrend. Outlook for EUR/USD and GBP/USD
2023-09-14 17:21 UTC+3
14.09.2023: Oil prices to resume gains. Outlook for oil, gold, RUB
2023-09-14 15:21 UTC+3
13.09.2023: Wall Street puzzled as US CPIs paint mixed picture (S&P500, USD, CAD, Bitcoin)
2023-09-13 20:57 UTC+3
13.09.2023: Ready! Steady! Go! US dollar set to hit new highs. Outlook for EUR/USD and GBP/USD
2023-09-13 18:36 UTC+3
13.09.2023: Oil gains as experts predict tight supplies. Outlook for oil, gold, RUB
2023-09-13 16:11 UTC+3
13.09.2023: JPY’s rally on Ueda’s comments not sustainable. USDX, USD/JPY, AUD/USD, NZD/USD, USD/INR
2023-09-13 15:46 UTC+3
12.09.2023: Wall Street to retrace after rally of high-tech stocks (S&P500, USD, CAD, Bitcoin)
2023-09-12 19:09 UTC+3
12.09.2023: Markets anticipate key reports. Outlook for EUR/USD and GBP/USD
2023-09-12 17:32 UTC+3
12.09.2023: Oil market awaits US data. Outlook for oil, gold, RUB
2023-09-12 17:13 UTC+3
12.09.2023: AI boosts ‘Magnificent Seven’ stocks while USD shows resilience. USDX, USD/JPY, AUD/USD
2023-09-12 15:12 UTC+3
Forex forecast 09/12/2023 on EUR/USD, GOLD, Crude Oil and Bitcoin from Petar Jacimovic
2023-09-12 11:36 UTC+3
11.09.2023: Wall Street poised to open new week with gains (S&P500, USD, CAD, Bitcoin)
2023-09-11 20:42 UTC+3
The US dollar's reaction to the news was fairly muted. In Asian trading, the greenback continued yesterday's decline and traded within a narrow range of 104.5-104.8. The fact is that yesterday's CPI data was just the beginning of a series of reports. Today, the US will release reports on producer prices and retail sales.

Tomorrow, markets expect import prices and industrial production reports. Therefore, the US currency was quite restrained against its G6 basket counterparts at the beginning of Thursday. It was trading near 104.7, taking into account the next reports from the US.

The Japanese yen was able to regain most of its lost positions as the US dollar was gradually sliding down in Asian trading. Early Thursday, the yen moved along the level of 147.3, the same level as at the beginning of the week.

On Monday, the yen strengthened significantly against the greenback after the hawkish comments of the head of the Bank of Japan. A few days ago, Kazuo Ueda hinted that the regulator may move from negative short-term interest rates to more aggressive settings.

However, the Japanese business does not share the optimism of the central bank governor that the economy is improving. In Japan, the sentiment index for manufacturers sharply dropped to four points from a yearly high of 12 points.
Japanese firms complained about elevated input costs of raw materials, weak foreign and domestic demand, heightened US-China tensions, geopolitical risks, and global economic uncertainty.
Indeed, the same factors could be cited by companies in any other country. However, the main reason for the decline of Japanese business is the weak national currency amid the Bank of Japan's ultra-loose monetary policy.
That is why the markets were excited to hear that the regulator may change its dovish monetary policy. This factor is key for the Japanese currency at the moment. Supported by speculation of higher interest rates, the yen is strengthening.

During the Asian trading session, the dollar/yen pair was in the bearish territory between the support of 147.0 and the resistance of 147.5. It seems that the yen's quotes are unlikely to change significantly in the near future. Meanwhile, the gap between the key rates of the US and Japanese regulators remains significant.

At the same time, the gap may widen. The Fed is likely to make one more rate hike this year in November or December. This move may prevent the US dollar from a large sell-off and help limit its losses against the yen.

The Australian dollar also benefited from the temporary weakness of the greenback. As a commodity currency, the aussie was supported by the surge in oil prices. Even the weak yuan rebounded today as Beijing suggested that some major Chinese banks refrain from immediate purchases of US dollars to ease pressure on the yuan.

Supported by all of these factors, the Australian dollar rose above 0.644 early Thursday. On the daily time frame in the Asian session, the currency also remained in the bullish territory within the range of 0.6415-0.6455. It is also possible that the aussie was boosted by today's domestic data.

According to today's reports, the Australian labor market added jobs in August. At the same time, wages also increased. Although expectations for interest rates in Australia remain unchanged, the global rise in commodity prices can make a difference in the long run.

The New Zealand dollar saw its second consecutive session of gains on Thursday. It spent the Asian trading session in range, approaching its weekly high. The kiwi is supported by a possible pickup in economic activity in China, New Zealand's main trading partner.

The increase in tourist traffic during the holiday season is also expected to boost the New Zealand economy. New Zealand Prime Minister Chris Hipkins in his election speech stated that the country's GDP was likely to accelerate slightly by the year-end.

This was great news for the market after the country was facing a technical recession in the first half of 2023. The kiwi climbed to a high of 0.5930 on the news.

00:00 Intro
00:25 Oil and soaring prices
02:01 USDX
02:49 Kazuo Ueda
04:17 USD/JPY
05:18 AUD/USD
06:26 NZD/USD


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:

#forex_news # asian_session #instaforex_tv
Calendar and reviews
Trader’s calendar on december 4-6: USD back to growth
Trader’s calendar on november 30- december 1: Possible recession in US under spotlight
Trader’s calendar on november 27-28: Consumption era fades?
Trader’s calendar on november 23-24: Usd Continues To Post Losses
Trader’s calendar on november 20-22: Global Economy At Crossroads
Trader’s calendar on november 16-17: USD lacks growth momentum
Editor's choice
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.
Graeme Lowdon, Sporting Director of Marussia F1 Team, speaks about the racing results (Formula One Grand Prix in Singapore)
Trader’s calendar on december 4-6: USD back to growth
  • Grand Choice
    Contest by
    InstaForex always strives to help you
    fulfill your biggest dreams.
  • Tiền gửi lần truy cập
    Ký quỹ tài khoản của bạn với $3000 và nhận được $6000 nhiều hơn!
    Trong Tháng 12 chúng tôi xổ $6000 trong chiến dịch Chancy Deposit!
    Có được một cơ hội giành chiến thắng bằng việc ký quỹ $3000 vào một tài khoản giao dịch. Đáp ứng được điều kiện này, bạn trở thành một người tham gia chiến dịch.
  • Giao dịch khôn ngoan, thành công
    Nạp tiền vào tài khoản của bạn với ít nhất $ 500, đăng ký cuộc thi và có cơ hội giành được các thiết bị di động.
  • 100% tiền thưởng
    Cơ hội duy nhất của bạn để nhận 100% tiền thưởng khi gửi tiền
  • 55% Tiền thưởng
    Đăng ký tiền thưởng 55% cho mỗi lần gửi tiền của bạn
  • 30% tiền thưởng
    Nhận 30% tiền thưởng mỗi khi bạn nạp tiền vào tài khoản của mình
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.
Widget callback