Analysis of the American trading session

During the American session on Wednesday, February 14, 2018, the US dollar appreciated significantly against the major currencies of the market. At the beginning of US trading, the US dollar rose against the basket of currencies, which was caused by the publication of a positive report on inflation in the US. In turn, the decline in retail sales and the negative start of US stock markets lowered the hope that the Fed could accelerate the rate of interest rate increases. Additionally, see. “The US dollar received support, data on inflation and retail sales.“

Commodity currencies rose significantly against the US dollar, which was caused by the widespread weakening of the US currency, as well as due to the recovery in oil prices in response to mixed data on oil and petroleum products in the States. See “Oil regained positions. Data on oil reserves in the United States.“

Alexander Sivtsov