by JustForex
During yesterday’s trading, the US dollar was being traded without clear dynamics relative to a basket of major currencies. The dollar index (#DX) closed yesterday in the green zone (+0.19%). However, investors were surprised by the news that the US House of Representatives voted in favor of Donald Trump’s impeachment for abuse of power and opposition to Congress. In January, a vote will be held in the Republican Senate, after which it will become clear what awaits the current US President D. Trump. However, many analysts are confident that the Senate will not support Trump’s impeachment.
The British pound is still under pressure due to the uncertainty concerning Brexit. Today, investors expect the Bank of England interest rate decision. It is expected that the rate will remain unchanged at 0.75%. Also, financial market participants are waiting for new information on Brexit.
Today, during the Asian trading session, the Bank of Japan has decided on the interest rate. The regulator left the indicator at the level of -0.10%. The regulator raised its forecast for the country’s GDP growth for 2020. Positive Australian labor market report supported Aussie.
The “black gold” prices are changing slightly. Currently, futures for the WTI crude oil are testing the $60.85 mark per barrel. At 17:30 (GMT+2:00), crude oil inventories will be published.
Yesterday, there was a variety of trends in the US stock market: #SPY (+0.01%), #DIA (-0.07%), #QQQ (+0.08%).
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The 10-year US government bonds yield has increased significantly. At the moment, the indicator is at the level of 1.94-1.95%.
by JustForex