State of the market

Most of the instruments of the currency market demonstrate a moderate dynamics in the course of trading on Friday. Such movement is  caused by the cautious position of the participants in anticipation of the publication of a key report on employment in the US today.

The data itself promises to be weaker than in the previous month, but it will not have a negative impact on the decision of the Fed in the matter of raising the interest rate at the next meeting. See “Market Focus“.

The dollar index keeps its positions near the local highs at the mark of 93,988, maintaining a positive attitude.

Fig. Graph of the US dollar index. The current price of DXY is 93.920.

Alexander Sivtsov