State of the market: the dollar remains under pressure

After the decline on Wednesday, the US currency remains under pressure across the market. The reason for the sale of the American was the data that the US offered China another round of negotiations by sending an invitation to Beijing, thereby showing that they are ready to conduct a dialogue with China. This was regarded by the market as a positive signal in the tense of  the US and China trade relations.

Stock exchanges of the Asian and Pacific region on Thursday are trading restrainedly positive. At the same time, their pressure on the US dollar remains limited.

The dollar index after such news has updated a minimum at the support level of 94.80-70, thereby questioning keeping of the upward trend in the US dollar.

Read also: “The trade war and its prospects”

Hanzenko Anton

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

Topical articles of the trader’s blog:

1. Singapore dollar. Features of trade.
2. How long will last the US trade war against all?!
3. Swedish Krona. Features of trading Scandinavian currencies

Current Investment ideas:

1. Preparing to have profits on an optimistic report of Alcoa Inc.!
2. On weak reporting of Boeing shares we can get a strong income!