Overview of the main drivers. Stock indices and oil

The main European stock indices are moving in the green zone during Monday trading, adding on average of about + 1.10% to the quotations. This dynamics of the stock market does not have a significant impact on European currencies, but only restrains their recovery against the US dollar, after Friday’s rally of the US currency. See Quotations.

Oil prices also remain positive, adding on average of + 0.31% to the quotes, thus providing only a minor support to commodity currencies, against which the currencies are trying to stabilize their positions against the US dollar. See “Oil (current news)“.

Alexander Sivtsov