European Stock indices continue to grow

At the auctions in Europe, the major stock indices are traded with a strengthening based on the positive closure of Asia. The rising rally of the stock markets is supported by the growing optimism about oil and the expectation of positive reporting by the companies.

European stock indices: Euro Stoxx 50 + 0.15%; DAX + 0.30%; FTSE + 0.40%.

The US dollar index is traded near the highs this year due to the maintaining optimism for raising rates in the US at least 2-3 times. In the general picture, this indicates a slowdown in the overall downward trend for the American, which may serve as the basis for a deeper recovery of the US currency. But the correctional movement for the American remains limited to the general downward trend.

Graph of the US dollar index. The current price is 92.30.

Hanzenko Anton