Analysis of the American trading session

During the American session on Tuesday, February 13, 2018, the US dollar showed mixed dynamics and practically did not change its positions against most of the major currencies of the market. In general, this movement in the market was due to technical factors against the background of the lack of a significant news background and any other catalysts for the movement in the market.

Also, this dynamics of the US dollar in the course of American trades is connected with some caution of market participants on the threshold of publication of data on inflation and retail sales in the US. Some influence on the dynamics of the US currency was made by the Federal Reserve Bank of Cleveland Mester, which noted that it is necessary to adhere to the same rates of interest rate increase in 2018 and 2019, as this is the best strategy.

Alexander Sivtsov