Analysis of the American Trading Session

During the American session on Thursday, May 3, 2018, the US dollar showed mixed dynamics and ended trading with a decline against most of the major market currencies. In general, this dynamics of the US currency was associated with a decrease in the profitability of the US state bonds, as well as against the background of weak data from ISM. For more details, see “The dollar remains near the minima of trades. Data from the ISM USA”. Also, some reduction of the US currency was caused by the correction of positions on the eve of a key report on employment in the US.

Alexander Sivtsov