USD: The day of consolidation
Tatiana Norkina, an analyst of FBS
The Industrial production of the United States has fallen by 0.1% over the past month while analysts forecasted the increase to 0.3%. This information put pressure on the American dollar, which sank with today's high level of 83.53 to 83.40. However, the positive trend of the index is preserved: it added about 0.13% at the opening of the American session.
Stock markets were opened slightly down losing just over 0.10%.
Foreign exchange markets are consolidated. The quotation of the currency pair EUR / USD dropped to 1.2920 support level, but the bulls were trying to return to the highs. GBP / USD pair was trading at the bottom of today's range - 1.6230. As for USD / CHF, the pair had recovered to the level of 0.9370, but then fell to the support in the area of 0.9350. But USD / JPY was gradually decreasing to support the upper limit of the Ichimoku indicator to the 107th figure.