State of the market: the American declines

A return to the old sentiments is traced in the market after the nervous fluctuations of the US currency caused by the new rumors about the tax reform in the United States. The main drivers of the market are stock indices, which increased pressure on the dollar after the negative opening of Wall Street.

Despite the weakness of the US currency, the dynamics of the market is very restrained and limited by lateral trend. Therefore, the development of a downward trend in the US dollar is unlikely.

Hanzenko Anton