Overview of the main drivers: Stock indices and oil
The main European stock indices show mixed dynamics in the course of trading. The British FTSE 100 adds about + 0.24% to the quotes, recovering from a negative start, thereby exerting pressure on the British currency. DAX and CAC 40 are moving near zero marks with a maximum deviation of 0.07%, thereby almost not affecting the single currency. See “Quotations“
Oil prices decline in the course of trading, losing an average of about -0.75% of positions. This decline in oil prices does not exert significant pressure on commodity currencies against the US dollar, but only restrains their strengthening. For more information, see Oil (current news).
Alexander Sivtsov