Mar. 3: American session
Tatiana Norkina , an analyst at FBS
The collapse of Asian and European stock markets introduced its adjustments on the subsequent auction as well today. The U.S. market has opened significantly lower than Friday's close, but it is gradually recovering now. Currently S&P500 is losing about 0.90 %, and DJ30 - 1.00%. The U.S. dollar index grows against this background, which is now adjusted slightly below 80.00. The currency pair EUR/USD falls, trading below 1.3750 and GBP/USD fell to 1.6700 figure.
USD/CHF has rebounded to around 0.8820, but the proximity to 0.8830 resistance is unlikely to inspire the Bulls to further purchases. Currency pair USD/JPY reversed from 101.50 resistance downstream.