The main market’s drivers

Closer to the American session, trading on the foreign exchange market slowed down altogether due to a decrease in trading activity, which was caused by a day off in the USA. The main volatility in the market was traced in pairs with the British pound, which received significant support from Brexit data.

The US dollar index against the strengthening of the pound was under considerable pressure, which strengthened the oversold level in low-active trading and kept the downward dynamics. At the same time limited to the minimum of the European session 96.30.

The US dollar index chart. The current price is 96.50 (10-year government bonds yield is the blue line)

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Andre Green

Earn with the help of the trade service on the news Erste News!

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