Overview of the main drivers: Stock indices and oil

The main stock indexes in Europe are declining while the Monday  trading. The British FTSE 100 declined by about -1.30%, thereby providing significant support to the pound against the US dollar. DAX and CAC 40, on average lost about -0.82% of positions, thereby supporting the single currency against the US dollar. Look Quotations.

Oil prices continue to move in a narrow range below zero marks, losing an average of -0.17% on average. This dynamics of oil prices has little effect on commodity currencies, while only restraining their stronger strengthening against the US dollar. For more look “Oil (current news)”

Alexander Sivtsov