Overview of the basic drivers

The main European stock indexes remain positive, adding on average + 0.60% to the quotes, thereby putting some pressure on European currencies against the US dollar.

Oil prices continue to move below zero marks, on average, dropping by -0.38%. This puts pressure on commodity currencies. Oil prices decline in the course of trading on Friday because of a partial profit-taking by investors in anticipation of data on drilling activity in the US. For additional information see https://esterholdings.com/en/2017/10/27/oil-current-news-9/

Alexander Sivtsov