Overview of the main drivers: Stock indices and oil
The main European stock indices are moving in the green zone, on the average adding to the quotes about + 0.33%, thereby exerting a slight pressure on the movement of European currencies against the US dollar. See Quotations.
Oil prices continue to decline, which is caused by the continuation of the correction of positions in anticipation of the publication of data on oil and US stocks, as well as on the eve of the OPEC summit, which will be held on November 30 in Vienna. On average, during today’s trading, oil prices fell by -0.80%, thereby putting pressure on commodity currencies.
Also, see “Oil (current news)“.
Alexander Sivtsov