After yesterday’s publication of the Fed’s interest rate decision, the dollar index was sent below 95.00 and most currencies strengthened against it. Moreover, the Fed announced that the target level of inflation in the current year is considered to be around 2%.
Today at the highest level in Washington trade negotiations between the United States and China will resume, during which China is expected to increase the volume of purchases of American goods. Otherwise, Donald Trump is threatening that he will still introduce new duties on goods worth 200 billion dollars.
A new round of tension is possible between the two countries as the largest Chinese company, Huawei, is accused of espionage.
After the release of data on oil reserves in the United States, energy prices have reached three-month highs. Also, a decrease in deliveries from Saudi Arabia and a blocking of US supplies from Venezuela also helped the growth of quotations.
