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!
Based on the empty macroeconomic calendar, the market was expected to continue consolidating near previously established levels. Only unexpected events could add some variety to the course of trading—and that's precisely what happened. The European Central Bank warned of a high risk of a debt crisis in the Eurozone, which investors interpreted as an assurance of further interest rate cuts. This comes despite the recently rising inflation and the significant monetary policy easing during the past two ECB meetings. Unsurprisingly, the euro has once again turned downward.
The situation remains similar today, as the macroeconomic calendar is again devoid of significant events. However, several ECB officials are scheduled to speak. They could expand on yesterday's statements and directly address the necessity of further interest rate cuts, leading to even more significant weakness for the euro.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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.