State of the market: market is waiting for drivers
Friday trades opened with restrained dynamics of major currency pairs, which is associated with the absence of significant drivers and the persistence of uncertainty around the political situation in the world. Stock indices in the Asia-Pacific region are traded positively on the strengthening of raw materials, which provide support to risky assets. Most of the major currency pairs continue to tradde with restraint.
The US dollar index remains sideways, limited to Thursday’s trading dynamics from 96.20 to 96.00, maintaining the upward trend of the last week, but limited to the monthly downward channel.
Read also: “The US Federal Reserve System (Fed) and prospects for further tightening of monetary policy”
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- Long-term investment in currency pairs! The EUR/JPY pair!
- Geopolitical risks for the beginning of 2019! (Part 3)
- Long-term investment in currency pairs! The GBP/USD pair!
Current Investment ideas:
- Intel Microprocessors for Macro Earnings at the Stock Exchange! Connect!
- Fabulous profit at Walt Disney shares in January!