Market Focus

On Monday, 16.10.2017, there will not be a significant news background on the economic calendar, therefore the present day in the foreign exchange market can be unremarkable. Particular attention should be paid to the technical analysis and movement of the basic drivers. The main stock indices of China show mixed dynamics with a deviation from 0.45% to 1.00%, that is why one should expect such a motion on the European and American stock markets, based on which it is possible to form consolidation on major currency instruments.

Alexander Sivtsov