Overview of the main drivers: Stock indices and oil

The main European stock indices are falling during the European session, losing on average about -1.95% of the quotes. This decline in stock markets does not have a corresponding impact on the movement of European currencies against the US dollar. This situation on the market can be regarded as a change in the correlation between the European stock market and European currencies, against which the reverse correlation may reverse in the short term. See Quotations.

Oil prices keep positions below zero marks, losing an average of -0.70% of the quotes. This continues to put pressure on commodity currencies against the US dollar. More See “Oil (current news)“.

Alexander Sivtsov