Analysis of the American trading session

During the American session on Monday, January 15, 2013, the US dollar is traded under pressure against major market currencies. The market dynamics of the market was related to the general weakness of the US dollar, and also due to low liquidity amid the celebration of Martin Luther King Day in the States.

The single currency in the course of US trading stayed near the maximum marks against the American. Support for the euro is provided by investors expectations of a more tightened policy on the part of the ECB and the growing chances of creating a pro-European coalition in Germany.

Alexander Sivtsov