Overview of the basic drivers

As expected, against the backdrop of the mixed dynamics of the Chinese stock indices, the European stock exchanges show rather moderate dynamics in the course of trading on Monday with a maximum deviation of 0.15%, which does not have the proper effect on the movement of foreign exchange instruments.

Oil prices, after a positive day’s opening, continue to move in a narrow range, while maintaining a plus value at + 1.35%, however, this oil price dynamics helps the commodity currencies to hold their current positions against the US dollar.

Alexander Sivtsov