The state of the Asian market: the US dollar is again under pressure

At the beginning of the day, the US currency resumed its decline against major competitors. As a result, the US dollar index updated the Wednesday minimum. The reason for the decline of the American was the fears about the connections between Trump and Russia. Pressure on the American currency is caused more by political factors, rather than economic. Despite the fact that the tension near the US tax reform has decreased, the US dollar remains under pressure due to new actions in the Trump case.

Watch the dynamics of the market in the Market News and Expert opinions.

As a result, the dollar index continues to be limited to support 93.400, while maintaining optimism in the market and the growth of stock indices contribute to the recovery of the American.

Hanzenko Anton