After the US session yesterday US stock indices continued to decline. On the contrary, the course of the reserve currency since last Friday continues to strengthen against a basket of major currencies and thus the dollar index currently stands at a mark of 90.25.
Today data was released from the UK, where the statistics were mixed and were unable to support the pound, so the GBP/USD pair dropped below $1.39 today. There will also be a speech by a member of the Monetary Policy Committee of the Bank of England Sir Jon Cunliffe, but this is unlikely to be able to stop the downward movement of the pair, which since last Friday has demonstrated the beginning of a reversal move.
In Canada employment data and projected data will be published today, which might show a slight rise in unemployment. The Canadian dollar is also showing weakening relative to the greenback, but it has rather more to do with the strengthening of the US dollar than the weakness of the national currency of Canada.
After the published this week crude oil inventories data in the United States quotes for the black gold began to decline and at the moment the price of the Brent crude oil is approaching the mark of 64 dollars per barrel.
