Apr. 9: American session
Tatiana Norkina , an analyst at FBS
Decrease of the dollar index continues. Today, the American fell to around 79.75 and is losing about 0.12 % in the american session. Major stock indexes are trying to recover. So S & P 500 adds a little more than 0.20 % and the DJIA - 0.16%. There were no important economic indicators today, but the publication of the last FOMC meeting minutes is taking place today. The market volatility may be increased.
The currency pair EUR/USD broke yesterday's highs after some consolidation and recreation today. The rate rose to around 1.3830. GBP/USD pair continues to consolidate below yesterday's high 1.6750, but the bulls are trying to increase the pressure and punch up this level.
USD/CHF upgraded the minimums by collapsing to the figure 0.8800 today. USD/JPY was unable to correct the figure above 102.00. Bears continue to advance.