Analysis of the American trading session - Ester Holdings

Analysis of the American trading session

During the American session on Monday, March 26, 2018, the US dollar declined against most of the major market currencies. Some influence on the dynamics of the American currency was provided by news that the US President Donald Trump decided to expel 60 Russian diplomats from the country, as well as to close the Consulate General of the Russian Federation in Seattle. This Trump’s action was triggered by the UK’s decision to expel Russian diplomats after the kingdom determined that the Kremlin was responsible for poisoning a former spy in the UK.

The British pound has a strong position against the US dollar, maintaining its position near the February high. Basically, this dynamics of the British was associated with the widespread weakening of the US currency, as well as in connection with the statement of British Prime Minister Theresa May on the beginning of negotiations about the Irish border. Additionally, see “The Briton has updated the maximum of March. The United Kingdom and the EU are moving towards agreement”.

Alexander Sivtsov

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