The state of the Asian market

Trades on Monday opened in a restrained way, but retain the dynamics of the end of the US session, which aims to correct the US currency against growth. Last Friday, the main dynamics of the market was aimed at further strengthening of the US currency across the entire spectrum of the market. Despite the correction, the US currency continues to hold on against the major world currencies.

Given the existing corrective movement in the market relative to the US dollar, it will continue throughout the day, but be limited to the extremes of Friday and Thursday on the main currency pairs. Given the almost empty economic calendar, the market dynamics will be set by the fundamental factors and general mood of the market.

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Hanzenko Anton