Sept. 10: American Session
Tatiana Norkina, analyst at FBS
The US dollar index is adding about 0.25% at the session opening, consolidating at the 84.50 mark, due to absence of major macroeconomic indicators.
Stock trading began in different directions. Thus, DJIA is adding around 0.02%, while S & P500 is losing 0.08%.
Currency markets are facing significant strengthening of the dollar against the majority of world currencies. Thus, the EUR/USD pair has tumbled to the 1.2900 figure after trading in the 1.2950 area in the morning. GBP/USD has once again tested the 1.6070 support and returned to the 1.6130 resistance. The USD/CHF currency pair hass updated its highs, recovering to the 0.9390 mark, while USD/JPY has recovered to to 106.80.