State of the market: markets are under pressure

For most currencies trades on Thursday opened very restrained and multidirectional because of for the US currency. Stock exchanges also remain mixed dynamics, expecting data on new tariffs on Chinese imports, which will reach $ 200 billion. Today, public discussion on this issue ends, which ultimately determined the market’s restraint at the start of the day.

The US dollar index since the beginning of the day is trading with a slight strengthening after yesterday’s decline on the data that the possibility of a tough Brexit has fallen sharply. As a result, the US dollar index tested the support level at 95.00 and returned to the uptrend. On the other hand, the American dollar trades with restraint, waiting for data on the new duties and preparing for a Friday employment report . Levels of resistance are located at the levels: 95.30 and 95.50, support: 95.00 and 94.80.

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Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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