Overview of the main drivers

The main European stock indices are moving in the red zone, losing about -0.33 positions, which, in turn, does not have the proper effect on the movement of European currencies against the US dollar. See Quotations.

Oil prices remain negative during the European session, losing an average of -0.80% positions, thereby restraining the recovery of commodity currencies against the US dollar. See “Oil (current news)“.

It is also worth noting that the entire trading week in the foreign exchange market was mainly under the flag of the US dollar, thanks to a positive report on the labor market on the previous Friday, which is why the American currency may weaken during the US trading today, amid profit taking by investors before the weekend .

Alexander Sivtsov