Aug. 8: American session
Tatiana Norkina, FBS analyst
American dollar demonstrates mixed dynamics today. After morning decline in the area of support 81.40, the index consolidated just above. At the opening of the American session the rise to 81.53 is observed in the positive statistics from the United States. However, index value is situated in the red zone: -0.09%.
Stock markets opened in mixed directions. Thus, DJIA loses about 0.50%, while the S & P500 rose to 0.20%.
Currency pair EUR / USD today returned to the figure of 1.3400, which continues to consolidate at the moment. Negative data influenced trading of GBP / USD pair: UK trade deficit widened to 9.41 billion pounds. Therefore, the pair updated minimums, down to the level of 1.6790. Currency pair USD / CHF has formed a new low for the last five days - 0.9045, but is now trading just above 0.9060 . There was also formed a new low pair USD / JPY, which fell today to 101.50. However, the bulls have already played part of the fall, returning the market to the 102nd figure.