Analysis of the American trading session - Ester Holdings

Analysis of the American trading session

During the American session on Monday, March 12, 2013, the US dollar weakened its positions against most of the major market currencies. Due to the lack of a significant news background, the US currency movement continued to be affected by Friday’s data on employment in the US, which indicated a slowdown in wages growth in February. See “Data on employment and wages in the US.”

The British pound maintained a strong position against the US dollar in US trading, which was caused by the general weakness of the US currency, as well as a decrease in the cross-rate EUR / GBP.

Alexander Sivtsov

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