Overview of the basic drivers: Stock indices and oil

The main European stock indices move above the zero marks,  adding an average about 0.80% to the quotations, thereby putting some pressure on European currencies against the US dollar. See Quotations.

Oil prices are traded under the pressure of correction, on average losing about -0.90%. Such oil dynamics does not have a significant impact on the movement of commodity currencies against the US dollar in anticipation of employment data on the States, and due to the the continuing upward potential of oil prices. See “Oil Today: Oil is Under Pressure of Correction.“

Alexander Sivtsov