Black Friday

Sellers are preparing to make a profit.

Economic News
24 Kas 2017
Black Friday

Today, after the celebration of Thanksgiving Day, the Christmas sales season starts around the world. The term "black Friday" appeared for the first time in Philadelphia because of traffic congestion after Thanksgiving Day. However, now it is more connected with the idiom "in the black," meaning that sellers on this day will be in the black.

Today the American Exchange is open until 13.00. This is why sellers and buyers in the market do not have to rely on strong impulses from the reserve currency.

By the beginning of today's trading session the US currency moved a bit from the updated lows, but the dollar index has continued its decline and is now at the mark of 93.01 and is expected to continue to fall.

Yesterday data on the Eurozone was released, which encouraged investors and the single currency began to quickly play out positions, approaching the monthly maximum. The data published indicates a likely increase in GDP growth and the possibility of reaching a 3% mark for the year.

There will also be speeches by ECB members Constancio and Cœuré, but this is unlikely to lead to a change in the market trends.

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