Analysis of the American Trading Session

During the American session on Thursday, April 5, 2018, the US dollar strengthened its positions against most of the major currencies of the market. The growth of the US currency was provided by the expectation of the publication of Non farm payrolls. Despite the fact that in March employment is forecasted to be 166 thousand, compared to 313 thousand in February, the market is still optimistic, as the data from APD on Wednesday still exceeded the forecast of analysts. For more information, see “US Employment Data”.

Also, the support of the US currency contributed to the growth of stock exchanges in Europe and the US, which led to a decline in European currencies and reduced the demand for security assets.

Alexander Sivtsov