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!
Although US inflation dropped from 5.0% to 4.9%, dollar fell slightly as market players remain unsettled by the monthly data. According to the report, consumer prices rose by 0.4% over the month, exceeding the forecast of 0.3%. This indicates that high inflation could persist for a rather long time, which means that the Fed is unlikely to lower the rates by the end of the current year.
Inflation (US):
The Bank of England is having its board meeting today, and many expect to see a rate hike by 25 basis points. There are also hints that this will be the last rate increase. However, inflation in the UK is rising, unlike the US and the EU, so there is a chance that interest rates will be raised by 50 basis points. If this happens, dollar will decline sharply. But if rates increase by only 25 basis points, the situation in markets will not change.
Interest rate (UK):
Although EUR/USD hit 1.1000 recently, it is still trading within the range of 1.0950/1.1080. Therefore, for further growth, traders have to keep the quote above 1.1000. Otherwise, there will be drop below 1.0950.
GBP/USD updated the high in the medium-term, but failed to stay at the level so there was a pullback, followed by a stagnation. Now, there is a chance for a jump, but this will depend on the monetary policy decision of the Bank of England.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
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।
