State of the market: market is waiting for the US employment data - Ester Holdings

State of the market: market is waiting for the US employment data

Friday trades opened with restrained growth of the US dollar against a basket of major competitors. The reason for the growth of the dollar is a moderate correction and optimism regarding the upcoming US employment report, which will be released today. Also, the dollar is supported by negative sentiment on global stock markets, which have intensified after information that China used spy chips on Apple and Amazon servers. It triggered a rise in risk in the market and could rise Trump’s additional attacks on China.

The US dollar index continues to trade in an uptrend, limited to the support of 95.70 and receiving support from optimistic expectations for the US employment. At the same time, market dynamics remain modest due to upcoming employment data in the United States.


Raed also: “Cross-rates characteristics”

Hanzenko Anton

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

Topical articles of the trader’s blog:

  1. Trading with shares. Advantages and disadvantages.
  2. Does Monday is so hard  as everybody say?
  3. How to trade CFD contracts with Ester Holdings Inc.?

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!

Аналитическая рассылка

Analytical newsletter
Subscribe to the analytical newsletter to be up-to-date with current events!

Вы с украины?