empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Key documents
Social Responsibility
21.02.2025 10:21 AM
Markets. The First Results of Trump's Presidency. What's Next? (Potential USD/CAD Increase and EUR/USD Decline)
Open trading account Open demo account

The initial impact of D. Trump's presidency on financial markets has been mixed. Let's examine the key takeaways.

Starting with stock markets, the U.S. stock market has remained close to its previously reached historical highs. The broad market index S&P 500, after a month of Trump's presidency (he officially took office on January 20), was trading near its local high of 6,127.50 points. Although the industrial DOW 30 did not reach its peak of 45,000.00 points, it closed not far from it, as did the high-tech NASDAQ 100.

This raises a question: Why is the U.S. stock market still near its all-time highs, especially when the Federal Reserve is unlikely to cut rates further due to rising inflation?

Expectations of economic stimulus are likely driven by the protectionist policies of the new president, which promise significant opportunities for growth in domestic production and overall economic expansion.

What can we expect from the stock market?

At the very least, it is likely to consolidate at these historical levels for some time, and at most, it may continue to rise.

The cryptocurrency market has effectively stalled in its growth, a trend that has been evident across nearly all major crypto assets against the dollar in the lead-up to the U.S. presidential election results. This stagnation can be attributed to two main factors: first, there are increasing investment opportunities in the U.S. economy, particularly in stocks. Second, there is an expectation of a stronger dollar due to rising inflation and a lack of clear indicators regarding the widespread adoption of cryptocurrencies in the global economy. As a result, discussions on this topic remain largely speculative, which is limiting the demand for tokens.

What can we expect from the cryptocurrency market?

Until the situation becomes clearer, this segment of the global financial market is likely to move sideways.

Gold has been the biggest beneficiary of global geopolitical tensions, the temporary weakening of the U.S. dollar, and trade policy maneuvers under the Trump administration. Over the past four weeks, prices confidently surpassed the previous high of $2,790.10 per ounce, aiming for a new historical level of $3,000.00.

This level will likely be reached, fueled by the factors mentioned above. However, once the war in Europe ends, we should expect a deep correction in gold prices, as the worst of the geopolitical crisis will have passed. There is no doubt that this will eventually happen.

The U.S. dollar has been under pressure in the Forex market over the past four weeks despite a major supporting factor: the end of the Fed's rate-cutting cycle, with the potential for rate hikes, if U.S. inflation remains above 3% and continues rising.

In my opinion, the decline of the dollar on the ICE index can be attributed to a decreased demand for the USD as a safe-haven currency, along with uncertainty surrounding the actual implementation of Trump's economic program. However, I believe the dollar has the potential for renewed growth. This is due to the contrasting rate-cutting cycles of several Western central banks compared to the Fed's position, which currently sees no need for further monetary easing. If the current economic trends in the U.S. continue, I expect the ICE index to reach 114.00 points by mid-year.

This image is no longer relevant

This image is no longer relevant

Daily Forecast:

USD/CAD

The pair is trading above the 1.4160 support level. There is a possibility that it will rise significantly next week, first reaching 1.4245, and then 1.4300.

EUR/USD

The pair is consolidating below 1.0520, around 1.0500. Its inability to break above 1.0520 could lead to a local reversal and a decline, first to 1.0390, and then to 1.0335 as early as next week.

Pati Gani,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on March 14th (U.S. Session) The 148.72 price test occurred when the MACD indicator had already moved significantly above the zero level, limiting the pair's upward potential. For this reason
Jakub Novak
17:50 2025-03-14 +02:00
2425
Forecast
GBP/USD: Simple Trading Tips for Beginner Traders on March 14th (U.S. Session) The 1.2934 price test coincided with the MACD indicator beginning its downward movement from the zero level, confirming the validity of the entry point. As a result, the pair declined
Jakub Novak
17:02 2025-03-14 +02:00
2305
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

A New Problem Rises for America – The Debt Ceiling (Expecting #SPX and #NDX to Resume Their Decline After a Likely Short-Term Recovery)

The confrontation between the U.S. and the EU has entered a new phase. The U.S. president is taking a hardline approach toward Europe, effectively following a "tit for tat" strategy
Pati Gani 14:06 2025-03-14 UTC+2

USD/JPY: Analysis and Forecast

The Japanese yen is losing ground today. Positive news on U.S.-Canada trade negotiations and reports that Democrats have secured enough votes to prevent a U.S. government shutdown are improving global
Irina Yanina 13:33 2025-03-14 UTC+2

XAU/USD: Analysis and Forecast

Gold is consolidating after reaching a new all-time high. Concerns over U.S. President Donald Trump's aggressive trade policy and its impact on the global economy continue to drive demand
Irina Yanina 10:08 2025-03-14 UTC+2

What to Pay Attention to on March 14? A Breakdown of Fundamental Events for Beginners

There are few macroeconomic events scheduled for Friday, and none of them are significant. The UK will release reports on GDP and industrial production, but strong figures are not expected
Paolo Greco 07:05 2025-03-14 UTC+2

GBP/USD Pair Overview – March 14: The Last Day of the Week as a Mere Formality

On Thursday, the GBP/USD currency pair also began a slight downward correction. While the pound did not depreciate significantly, explaining why it rose for two weeks is difficult. Of course
Paolo Greco 02:39 2025-03-14 UTC+2

EUR/USD Pair Overview – March 14: Maybe That's Enough?

The EUR/USD currency pair finally began to decline on Thursday, but once again, this movement was not linked to macroeconomic factors or fundamental events. It wasn't even related to Donald
Paolo Greco 02:39 2025-03-14 UTC+2

EUR/USD: A Southern Impulse That Should Not Be Trusted

On Thursday, the EUR/USD pair reached a three-day low of 1.0823 but did not break into the 1.07 range, as the downward momentum gradually faded. The EUR/USD pair is currently
Irina Manzenko 23:55 2025-03-13 UTC+2

Euro Faces a Potential Coup d'Etat

The Green Party responded to Friedrich Merz's call for a coalition between the CDU and the Social Democrats, aimed at abolishing the fiscal brake, with a strong rebuttal: "We don't
Marek Petkovich 23:45 2025-03-13 UTC+2

U.S. Inflation Brings Relief to the Fed but Not to the Markets

The euro and pound showed little reaction to news that consumer prices in the U.S. grew at their slowest pace in four months in February—a welcome sign for American households
Jakub Novak 11:14 2025-03-13 UTC+2

Euro Faces Some Challenges

The European currency has encountered some difficulties in its upward movement following yesterday's speech by the European Central Bank (ECB) President. "The eurozone economy is facing exceptional shocks caused
Jakub Novak 10:39 2025-03-13 UTC+2

Top analytics

Euro Faces a Potential Coup d'Etat
00:45 2025-03-14
Fundamental analysis
Relevance up to 08:00 2025-03-27 UTC--4
Trading Signals for GOLD (XAU/USD) for March 13-15, 2025: sell below $2,950 (21 SMA - 8/8 Murray)
14:49 2025-03-13
Technical analysis
Relevance up to 02:00 2025-03-17 UTC--4
US stock market: NASDAQ and SP500 going through correction, 10% down from their historic highs
11:53 2025-03-14
Stock Markets
Relevance up to 09:00 2025-03-27 UTC--4
Trading Signals for EUR/USD for March 13-15, 2025: sell below 1.0881 (+1/8 Murray - 21 SMA)
15:00 2025-03-13
Technical analysis
Relevance up to 04:00 2025-03-17 UTC--4
A New Problem Rises for America – The Debt Ceiling (Expecting #SPX and #NDX to Resume Their Decline After a Likely Short-Term Recovery)
15:06 2025-03-14
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.