Analysis of the American Trading Session

During the American session on Thursday, April 19, 2018, the US dollar strengthened its positions against most of the major market currencies. Support for the US currency is provided by an increase in the yield of the US government bonds, as well as positive data on the US. For more details, see “State of the market. The US dollar remains under pressure”.

The British pound declined significantly against the US dollar in the course of the US trading in response to the widespread strengthening of the US currency, as well as against the comments of the head of the Bank of England Carney. Carney warned of several increases in interest rates over the next few years. It was also noted that Brexit could delay the tightening of monetary policy.

Alexander Sivtsov