Overview of the basic drivers

The main European stock indices show a positive trend: FTSE 100 added to the quotations about 0.25%, CAC 40 – about 0.50%, DAX – about 1.65%. See https://en.tradingeconomics.com/stocks.

This growth in stock indices does not affect the movement of European currencies, since the market is focused on the US dollar, namely, on today’s meeting of the Fed and the decision on the interest rate. Oil prices in the course of trading rose by an average of 1.25%, thereby supporting commodity currencies.

Alexander Sivtsov