183

Aug. 21: American session

Tatiana Norkina, FBS analyst

 

In general, the positive data on applications for unemployment benefits for the past week (298 thousand, 300 thousand vs.) did not become a reason for strengthening of the dollar, which began to lose about 0.05% at the opening session. A little later, at 18:00 UT is expected to appear the statistics of the real estate market (existing home sales), as well as an index of manufacturing activity in the Philadelphia Fed data. Volatility in the markets at this time may become higher.

Traiding opened with a slight increase on the stock markets. Major indexes rised to 0.12%.

There are corrective movement in currency markets, after yesterday's growth of the dollar against world currencies. The EUR / USD pair grew to the level of 1.3270, forming a new low of 1.3240. Currency pair USD / CHF turned back to 0.9120 support, from which is going to resume its recovery. USD / JPY is consolidating just above 103.70 support. The pair GBP / USD is fixed under the figure of 1.6600, adjusting to the continuation of the downtrend.

Scroll to top