Analysis of the American Trading Session - Ester Holdings

Analysis of the American Trading Session

Trading on the US session on Tuesday closed with a restrained correction of the dollar against the basket of major competitors, while remaining near the weekly lows, maintaining a downtrend and restricting the trading range from 94.30 to 94.00.

Most of the major trading pairs remain caught in a narrow range on the decline in market activity in anticipation of the US Federal Reserve meeting results. The exception may be the euro and pound, which are more promising assets against the backdrop of the Brexit talks, but due to the expectations of the Fed results, their dynamics will also be limited.

The US dollar index chart. The current price is 94.20 (10-year government bonds yield is a blue line)

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Andre Green

Earn with the help of the trade service on the news Erste News!

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