Overview of the main drivers: Stock indices and oil
The main European stock indices show mixed dynamics in the course of trading on Friday. The FTSE 100 moves in a narrow range, while remaining practically at the zero mark, thus not affecting the dynamics of the British currency. DAX is traded with a minus, losing about -0.30% of positions, in turn, CAC 40 adds about + 0.12%. This mixed dynamics of the main stock indices of the Eurozone also does not have a proper impact on the dynamics of the single currency. See Quotations.
Oil prices continue to regain their positions after a decline the day before, on average adding to the quotations of about + 0.78%, which allows commodity currencies to hold their positions against the US dollar. For more information, see Oil (current news).
Alexander Sivtsov