Analysis of the American trading session

During the American session on Wednesday, March 14, 2018, the US dollar showed mixed dynamics, but still slightly strengthened its positions against most major currencies of the market. The main support for the US dollar was the flight of investors from risk, against the backdrop of a statement by US President Donald Trump about the possibility of imposing tariffs on Chinese imports of up to $ 60 billion, a stronger strengthening of the US currency was hampered by weak data on retail sales in the US. Look “The US dollar continues to lose its positions. Data on US retail sales. ”

Commodity currencies continued to trade under pressure against the US dollar during US trading, on the background of lowing oil prices, due to the publication of data on oil reserves in the US, which pointed to their growth over the past week. For more details, look “Oil is under pressure. Reserves of oil are growing in the US.”

Alexander Sivtsov