July 14: American session
Tatiana Norkina, analyst at FBS
The dollar is strengthening before ECB President Dragi's next speech, scheduled for 21:00 GMT+4. In the afternoon, the index went into the red zone, after industrial production data publication which turned out better than expected, but after the session opening it went back to the 80.25 mark and is now close to zero. Stock markets have opened with a significant upward gap, which has become quite common recently. DJIA is adding about 0.80%, S&P500 - 0.50%.
Currency pairs have broken through Friday's ranges today. The EUR/USD pair, after setting the high of the day at 1.3640, has corrected to the 1.3620 support. The GBP/USD currency pair was sliding to 1.7070, continuing the correction process. USD/CHF has found support at the 0.8900 figure and is correcting to 0.8920 now. The USD/JPY pair has grown to 101.60, having broken through the 101.35 resistance.