State of the Market: the US dollar remains under pressure

On the last trading day of 2017, the US currency keeps a downward trend due to the rising raw material costs and a decline in profitability the US state bonds. The index of the US dollar against the main basket of world currencies remains near the two-month lows, limiting the November low at 92.400.

The dynamics of the stock exchanges of the Asia-Pacific region remains restrained positive, limited to low activity in the market. The dynamics of the US state bonds and raw materials are also limited, which will restrain the US currency and the market as a whole. At the same time, the downward dynamics of the American persists and in the conditions of the “thin market” the existing dynamics are likely to continue.

Hanzenko Anton