The major currencies remain relatively active after the evening trade, with the weak dollar remaining the main topic. This trend is expected to continue today, not forgetting that markets continue to be deprived of their normal liquidity.
If you remember the start of the year, the green currency lost its position again in the first few days, so poor cash flows could be the reason.
With that being said, typical dollar demand at the end of the year is not as certain and obvious as it seemed in previous years.
The indices remain close to their historical peaks, and it seems that they will record an extremely strong end of the month.
The economic calendar remains blank for today's European and US stock exchanges, so low liquidity and risk trading will remain a major issue.
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.