US indexes driving force - FXStreet

FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that the markets had little to offer on Monday, with half holidays extending from Asia to America.

Key Quotes:

“The main market driver was again US indexes, particularly the S&P, all of them managing to close the day around Friday’s closing levels after falling for multi month lows pre market opening”.

“The S&P closed the day a few points above 1900, which should bring not much relieve to stocks traders”.

“As for currencies, the greenback shed some ground amid easing concerns, but no critical level was taken among major crosses”.

US Session recap: Dollar giving back some ground

The US session had the dollar giving back further gains while US stocks and yields were the main driving force behind a lower US dollar on a non eventful day in the US with there being holidays in North America.
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