May 28: American Session
Tatiana Norkina, analyst at FBS
The dollar continues strengthening its position due to the pressure on the euro. In the absence of news factors from the U.S., the index has grown to the 80.60 level, adding about 0.20% at the moment. Stock indexes, however, are showing a decline: DJIA - -0.25%, S&P500 - -0.16%.
The EUR/USD currency pair has updated its yesterday's lows, falling to the 1.3595 support, and GBP/USD has collapsed significantly to yet another figure of 1.6700 again. At the same time, the USD/CHF pair has updated its highs again, recovering to the 0.8990 mark. USD/JPY has corrected to the 101.70 support after failing to consolidate above the 102.00 figure.