Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
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.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
