June 16: American Session
Tatiana Norkina, analyst at FBS
The U.S. dollar index keeps weakening even after the publication of positive statistics on industrial production in the country, and is currently losing about 0.30%. The major stock indexes are also in the red zone: DJIA - -0.20%, S&P500 - -0.15%.
At the same time, the eurobulls have become pretty active, recovering the EUR/USD pair to the Friday's high of 1.3575. The GBP/USD pair, after testing the 1.7000 figure, continues consolidating under it. The dollar has weakend against the franc as well: the USD/CHF currency pair is sliding to the 0.8970 support. As for USD/JPY, the bears are active again, having lowered the rate to the 101.80 mark.