State of the market: market resumes an optimism

Trading on Wednesday opened with the growth of stock indices in the Asia-Pacific region, spurred by positive signals from Wall Street. Increased optimism indicates a decrease in risks around trade opposition and rates hike in the USA. An additional factor in the growth of optimism in the stock markets is the positive statistics on the global economy and the optimistic reporting of the stock market.

From the start of the day, the US dollar index has been trading in positive territory against the basket of competitors on the growth of optimism, thus returning above key support levels: 95.00 and 94.80, slowing down the downtrend and limiting itself to resistance: 95.30 and 95.50.

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Hanzenko Anton

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

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