Overview of the basic drivers

The main stock indices of Europe demonstrate rather low-key dynamics below zero marks, with a maximum deviation of -0.20%, which is not enough to significantly affect the movement of foreign exchange market instruments. See https://en.tradingeconomics.com/stocks.

Oil prices, on average, during Monday’s trading rose by 0.63%, which allows commodity currencies to hold their positions against the US dollar.

Today, due to the lack of a significant news background, the dynamics of the US currency will have a major impact on the course of trading. After Friday’s data on employment, the chances of an interest rate increase in December have raised. See the analysis of the American session.

Alexander Sivtsov