Analysis of the American trading session

During the American session on Wednesday, November 15, 2017, the US dollar strengthened its positions against most of the major market currencies. In general, this increase in the American was caused by profit-taking by investors in short positions, after the weakening of the US dollar in the first half of the Wednesday trading. Also, at the beginning of the American session, some pressure on the US dollar was provided by mixed inflation data and retail sales in the US. See the US dollar is under pressure of ambiguous statistics.

The British pound maintained its position against the US dollar, demonstrating a rather low-key dynamics in the course of US trading, amid political tensions in the UK and positive statistical data on the social sector, as multidirectional fundamental factors counterbalanced each other. Also, See The Pound stays strong.

Alexander Sivtsov