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18.10.2024: USD neglects downsides, benefitting from Trump trade (S&P 500, EUR/USD, Brent, RUB)
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2024-10-17 16:07 UTC+3
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2024-10-16 17:52 UTC+3
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2024-10-10 22:01 UTC+3
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Today, China has once again come under the spotlight. After a flood of statements and pledges from various financial officials, the People’s Bank of China has finally taken concrete measures. As a result, the yuan has asserted its strength against the US dollar.
However, Asian currencies gave a muted response to the news from China. Overall, Forex is currently more focused on events in the US – the presidential election and the Federal Reserve's interest rate decision.Unlike the European Central Bank, the Federal Reserve has the advantage of not needing to adjust its actions to support the economy.

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00:00 INTRO
00:34 USA
01:15 USDX
01:29 USA
01:59 ECB REFINANCING RATE
02:33 CHRISTINE LAGARDE
03:00 EUR | USD
04:06 US BUILDING PERMITS
04:53 CHINA
05:25 BRENT
06:24 USD | RUB
Calendar and reviews
Trader’s calendar on November 19: What affects USD more: G20 or Elon Musk's foray into US politics?
Trader’s calendar on November 14: USD to hardly rise amid fed’s cautious approach
Trader’s calendar on November 13: Trump’s win to affect USD?
Trader’s calendar on November 7: Economy boosts USD instead of elections
Trader’s calendar on November 6: USD to experience pressure amid elections
Trader’s calendar on November 5: America’s next president to shape dollar's long-term future
Editor's choice
Being the capital and the largest city of the Republic of Moldova Chisinau became the center of attraction for Moldavians. Just like Rome, the city has been growing on seven hills along the river Bîc during six hundred years. As Bîc sounds pretty close to bull in Moldavian we could suppose that the locals prefer trading in an uptrend. Nowadays, locals of Chisinau want to take full advantage of the international currency market, so they are keen to take part in annual finance conferences arranged by InstaForex.
Ruslan Makhauri, the winner of the Hummer to a Jammy Fellow campaign: "Thanks to InstaForex, fortune smiled on me" (ShowFx World Exhibition in Moscow)
Trader’s calendar on November 19: What affects USD more: G20 or Elon Musk's foray into US politics?
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