June 20: American Session
Tatiana Norkina, analyst at FBS
The U.S. dollar index has started to recover again after a two-days decline, having returned to the 80.50 mark and adding about 0.14% so far. Trades on the major U.S. stock markets have opened with quite an optimism as well. Thus, the DJIA index is adding about 0.15%, S&P500 - 0.10%.
Strengthening of the dollar has had an impact on the currency markets as well. The EUR/USD pair has failed to consolidate above the 1.3600 figure today and is now trading in the 1.3575 support area. The GBP/USD currency pair has corrected to the 1.7015 mark. USD/CHF has recovered to the resistance level of 0.8960/0.8970. The USD/JPY pair has again climbed above the 102 figure.