Analysis of the American Trading Session

Trading on the American session on Thursday closed with a general decline in US currency across the market. Investors chose to buy safe assets on political risks in the United States and reduced market liquidity before the New Year holidays.

As a result, Thursday’s trading closed with a weekly update at 96.40. A breakthrough of this level was already followed at the Asia-Pacific trading session. It indicated keeping the downward trend and the potential for a lower dollar. It is also worth noting that in conditions of low activity, the development of a uniform movement should not be expected.

The US dollar index. The current price is 96.40 (10-year government bonds yield is the blue line)

Read also: “Euronext Exchange – Association of European Stock Exchanges”

Andre Green

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

Topical articles of the trader’s blog:

1. Happy New Year! Summing up the past year.
2. The S&P 500 index as a market sentiment index!
3. Expectations from the USD/CAD pair at the end of the year!

Current Investment ideas:

1. “Earn big money on the shares of the largest US bank!”