State of the market : the dollar remains optimistic
Stock markets in the Asia-Pacific region at the beginning of the week are traded above zero, after optimistic trading on Friday. The reason for the growth of stock indices is the continued optimism amid a decrease in risks about trade confrontation and their correction after the decline. On the other hand, concerns about the trade confrontation persist, and some lull in this issue only aggravates the situation around this question.
The US dollar at the beginning of the new week is trading with the strengthening amid a mixed dynamics of stock indices and a mixed employment report in the US. At the same time, the US dollar index is limited by resistance level 95.40-50. General dynamics of the dollar remains rising amid expectations of an increase in rates in September, but it can be limited to technical correction.
Read also: “The US mitigates the positions on foreign investment”
Hanzenko Anton
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