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 US dollar settled near a three-month low amid weak indicators of industrial production, while the Australian rose after the Central Bank lowered interest rates expectedly, but at the same time voiced a more balanced forecast. JPMorgan's global production index fell to its lowest level in almost seven years, the sector shrank for the second month in a row, and Morgan Stanley reports also showed a decline in world production for the first time since 2016.
The dollar index versus the basket of major currencies fell by 0.1% to 96.75 points, not far from the three-month low of 95.84 reached last week, as traders are confident that the Fed will lower interest rates at least three times by the end of the year. Nevertheless, dollar's losses were relatively insignificant compared with a 0.6% rebound on Monday, when risky assets rose amid progress in relations between Washington and China.
The Australian dollar is the only one in the world currency markets with strong growth, the AUD gained 0.3% after the Central Bank reported a rate cut and signaled a future weakening of monetary policy. The regulator lowered interest rates by 25 basis points, to a record low of 1.00%, in line with economists' expectations. In a statement, the bank said that it will resort to reducing rates again "if necessary." Some analysts called this phrase "the promise" of an additional rate cut, which previously seemed less likely.
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.
