Sep. 3: American session
Tatiana Norkina, analyst at FBS
The US dollar index, after updating its highs (83.06), has corrected to the 82.90 area today and is losing about 0.07% at the American session opening. Data on US factory orders for the past month are expected to be published a little later. Analysts are predicting a significant growth of the index.
Stock markets have opened on the positive. DJIA is adding about 0.43%, S & P500 - about 0.30%.
Currency markets are in consolidation today. Thus, the EUR/USD pair has fixed above 1.3120 and is trading within the range of 1.3120-1.3150. GBP/USD rate varies within the 1.6450-1.6490 channel. The USD/CHF pair has corrected to the 0.9175 support, but the downward movement is not yet over. The USD/JPY currency pair is back under the 105.00 figure.