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 begins to compensate for recent losses against the yen after the yield of Treasury bonds rose from 15-month lows and it became clear that investors overestimated the likelihood of a sharp decline in the global economy. The pound is stuck in a narrow range in anticipation of the outcome of a vote of British lawmakers. In general, world markets rolled back after the inversion of the yield curve of US Treasury bonds, which in the past signaled a recession. This supported the dollar, as it shows that the economic outlook remains quite good. The American began to move away from a six-week low of 109.70 yen.
Now, we should wait for data on consumer confidence and the housing sector in the United States, these reports will be important signals for the foreign exchange market. The dollar should receive further support if today's economic indicators are sustainable, because strong data may be the only factor preventing further decline in Treasury bond yields.
The euro remained under pressure amid growing concerns about a slowdown in the eurozone economy but managed to achieve modest growth after a stronger than predicted indicator of business confidence in Germany. The Australian dollar, sensitive to changes in sentiment regarding risks, increased by 0.15 percent to 0.7123 dollars.
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.