Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

June 5: American session

Tatiana Norkina, an analyst at FBS

Today ECB stirred up markets refinancing rate down to 0.15 % (forecast - up to 0.10 %) from 0.25 %. At the same time deposit rates have gone into negative territory - 0.10 %. While Mario Draghi noted on the press conference that easing monetary policy is not yet complete. Immediately thereafter, the U.S. dollar index soared to around 81.06 , but the negative data on the labor market (the number of applications for unemployment benefits over the past week rose to 312 thousand from 304 thousand; forecast - 310 thousand) has returned to the recent support in 80.50. Thus, the index is in the red zone now, losing about 0.20 %. Stock markets, after a gap up, went down to the opening levels, but do not leave the negative zone, up until at 0.04 %.

In currency markets, the emergence of these news sharply increased volatility. Thus, the pair EUR/USD had fallen to 1.3500 figure , but at the moment is trying to update the current highs, testing the 1.3650 mark . GBP/USD has bounced from 1.6730 support and shows signs of recovery, punching resistance 1.6790. Currency pair USD/CHF has set a new high at 0.9036 , but immediately collapsed to 0.8920 . But USD/JPY is rather quietly corrected in 102.40.

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