June 9: American session
Tatiana Norkina, FBS analyst
The index of the U.S. dollar in the first day of the week shows a significant strength, increasing by almost 0.30%, after the hold above 80.30 support. Trading in the stock markets opened as positively: DJIA now adds about 0.10%, and the S&P500 - 0.7%. The speech of the FRS member Rosengren is expected a little later.
In currency markets, American dollar strengthened against major world currencies. Thus, EUR/USD pair dropped to 1.3590 support after a failed test of 1.3670 resistance. GBP/USD pair is trading at 1.6790 powerful level, which will be difficult to conquer for bears. USD/CHF pair rebounded with confidence to 0.8970 resistance; an attempt to consolidate above does not rules out. Dollar against the yen looks a bit weak. After the morning reduce of USD/JPY to 102.35 support, the pair returned to earlier levels and storms 102.60. Further strengthening of bullish temper is possible.