Analysis of the American trading session - Ester Holdings

Analysis of the American trading session

During the American session on Thursday, November 23, 2017, the US dollar almost changed its positions against most of the major currencies of the market. This dynamics of the American was associated with a low trading volume in connection with the Thanksgiving Day. That is why there were no strong players in the market.

The Canadian dollar fell significantly against the US dollar, which was due to disappointing data on retail sales in Canada.

  • According to published data, the base retail sales index rose by 0.3% in September, while analysts expected growth of 1.0%.
  • The volume of retail sales grew by 0.1%, which is below the forecast of analysts at 0.9%.

Also, see “The Canadian weakens positions.” Retail Sales Data.

Alexander Sivtsov

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