Overview of the main drivers: Stock indices and oil

The main European stock indices are moving in the red zone, losing an average -0.28% of positions, thereby providing some support to European currencies against the US dollar. The main US stock indices began trading with growth, while on average adding about 0.15% to the quotations, which allows the US currency to keep a stronger decline against its main competitors. See Quotations.

Oil prices remain positive, while WTI crude oil is growing at a faster pace, adding about 1.16% to the quotations, while Brent increased by + 0.35%, thereby supporting commodity currencies against the US dollar. See “Oil Today: Oil Quotes Keep Positive Dynamics“.

Alexander Sivtsov