The state of the Asian market: liquidity is gradually returning to the market

Stock markets in the Asia-Pacific region are trading below zero, despite positive signals from Wall Street. Despite the fact that liquidity returns to the market, the dynamics of the main currency pairs remains very restrained due to uncertainty.

Earlier, euro appreciably strengthened across the spectrum of the market based on the data on the resumption of negotiations on the creation of a coalition in Germany. As a result, the pair EUR/USD updated the two-month maximum and formed an upward channel. On the other hand, the weakness of the American, caused by doubts about weak inflation in the US, persists, which will affect the possibility of raising rates at the upcoming meeting of the US Federal Reserve.

Read more about the state of the market in Expert Opinions and Market News.

Hanzenko Anton