Analysis of the American trading session

During the American session on Wednesday, December 27, 2017, the US dollar almost did not change its positions against most of the major currencies of the market and continued trading under pressure. Due to the growth of the world economy, the focus of market participants shifts from the Fed to other central banks of the leading countries of the world. As these banks already next year may begin to reduce monetary incentives. Some influence on the course of trading was provided by mixed data on the housing market and consumer confidence in the United States. See “The US dollar is stable.“

Commodity currencies continued to strengthen their positions against the US dollar in the course of the US trading, which was fascilitated by some recovery in oil prices, after the decline in the first half of the trading on Wednesday.

Alexander Sivtsov