Analysis of the American Trading Session

Trades on the American session on Tuesday closed by the next update of the maximum on the American currency. The growth of the US dollar was caused by the political risks in the euro area, which, in turn, push investors to seek safer assets.

The US stock indices also did not become an exception and closed below zero following the trading floors of Europe, thereby keeping fears on the market and signaling the negative opening of trading on Wednesday. Against the backdrop of negative sentiment in the world and a strong US currency, oil quotations also came under pressure. At the same time, oil continues to expect data on changes in quotas for oil production.

Graph of the US dollar index. The current price is 94.90 (the yield of 10-year government bonds is a blue line)

Also, read: “VSA analysis – briefly about it“

Andre Green