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State of the market: trade uncertainty persists
After the US Senate voted in favor of bills supporting protesters in Hong Kong, the market in a kind of limbo pending the signing of these laws by the US President D. Trump. Their promotion may complicate negotiations on the US – China trade agreement.
In the face of uncertainty and the preservation of pessimistic sentiments, the US dollar index maintains a restrained upward trend. Despite the multidirectional dynamics, it continues to strengthen, forming a rebound from the level of 97.80, and limiting itself to resistance: 98.00 and 98.20, which remains at the uncertainty of the trade agreement.
Read also: “Gold in the light of current
events. How long is its growth? ”
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- What does the decline in active drilling rigs in the USA indicate?
- The U.S.-China trade agreement news
- The trade war risks are coming back
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