Overview of the basic drivers: Stock indices and oil

The main European stock indices are moving in the green zone, adding on average about 0.55% to the quotes, thereby putting some pressure on European currencies against the US dollar. See Quotations.

Oil prices continue to decline during the European session, losing an average of -0.65% of positions. In turn, this dynamics of oil prices does not exert significant pressure on commodity currencies against the US dollar, which is due to the expectation of inflation data on the US and oil reserves in the US. More See “Oil (current news)“.

Alexander Sivtsov