Overview of the main drivers

The main European stock indices are moving in the red zone. The British FTSE 100 lost about -1.05%, thereby supporting the British pound against the US dollar. DAX and CAC 40 on average lost about -2.00% during the trades on Friday. That is why the single currency rose against the US dollar by about 50 points. See Quotations.

Oil prices continue to decline during the European session, on average losing about -0.33%, thereby exerting pressure on commodity currencies against the US dollar. For more information, see “Oil (current news).“

Alexander Sivtsov