State of the market: investors are restrained at the start of the day

With the opening of trading on Thursday, most major currency pairs are trading very restrained, maintaining lateral dynamics and bargaining near the opening of the day. The exception was the Australian dollar, which dropped significantly against the main competitors for the publication of employment data in Australia, but then recovered. Pressure on the Australian dollar had data on an unexpected increase in unemployment, which actually rose by 0.3% after the revision. But, despite the weak employment data, the market reaction remains restrained.

With the general restraint of the market on the expectation of new drivers and comments on the trade opposition of the USA and China, the US dollar index is trading with a slight decrease, maintaining a downward trend after yesterday’s collapse. The American dollar remains in the side channel from 97.60 to 97.40, waiting for data from the White House.

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Hanzenko Anton

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

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