The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The dollar does not intend to make any sudden movements before the publication of the minutes of the Fed meeting. Although, it managed to strengthen against the yen amid a stronger risk appetite for investors, which limits the demand for the Japanese currency. In general, considering that the Japanese currency is a safe haven, it surrendered as Japanese stocks climbed to new two-month highs. Currently, the yen has gone into deep defense. This plays into the hands of the dollar in this pair. Recall that on Tuesday, the dollar rose against the yen following the statement of the head of Japan's Central bank saying that the Central Bank "is ready to increase incentives if a sharp increase in the yen will damage the economy." If you look at it, the Bank of Japan doesn't have many options even if it really decides to act. But the global trend, starting with the United States, Europe, and Australia, is moving towards a softer policy.
As for the dollar, the attempts of market participants to predict its value in terms of the dovish Fed policy keep the currency on defense. The yield on 10-year US Treasury bonds plummeted to an 11-day low before the publication of the minutes of the Fed meeting. The dollar quotes grew steadily last week but the demand for the liquid dollar has recently faded amid optimism that a new round of talks between China and the United States will help resolve their trade dispute. It is worth noting that the yuan rose following the report of Bloomberg that the US insists on a promise from China that it will not devalue the yuan in a trade transaction.
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।