State of the market : optimism returns to the market
With the opening of trading on Wednesday a restrained growth of optimism can be traced on the market, which was manifested by the positive dynamics of stock indices in the Asia-Pacific region following the positive closing of trading on Wall Street. Against the background of growing optimism, safe assets Japanese yen, Swiss franc and gold turned out to be under the pressure of correction. At the same time, commodity currencies remain quite restrained, since the risks of continuing the US trade confrontation may also affect Europe.
The US dollar index remains near a weekly high on maintaining optimism, limited to attempts at correction and some uncertainty. The American dollar managed to slow down the overall downtrend and move to growth, limiting itself to 97.60 resistance. Support has shifted to the marks: 97.40 and 97.30.
Read also: “The state of the economy of New Zealand
and prospects for raising the interest rates of the RBNZ “
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
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