Analysis of the American Trading Session

During the American session on Friday, April 27, 2018, the US dollar weakened its positions against most of the major market currencies. This decline in the US currency was due to partial profit-taking by investors, as well as due to ambiguous preliminary data on the US GDP for the first quarter. For more details, see “The US dollar maintains a strong position. US GDP data»

Commodity currencies have risen in price against the US dollar, amid a slight weakening of the US currency, as well as amid rising of oil prices during the American session.

Alexander Sivtsov