Stock indices are trading cautiously higher. The US dollar is moving in a slight downtrend against world currencies, but gaining in value against the Canadian dollar. At the same time, Bitcoin is steadily rising.
The market in the United States is closed on Friday for Christmas. The Dow Jones Industrial Average gained 0.23%, remaining at the level of 30102. The Nasdaq Technology Sector Index ended 0.40% higher. The S&P 500 broad market index followed suit and added 0.35%.
Today, activity in the stock and foreign exchange markets is rather subdued. Stock exchanges in the United States, Europe, and some parts of Asia are closed due to the celebration of Catholic Christmas.
The US dollar continues to trade in a weak downtrend against most major world currencies due to the absence of drivers.
Today, the US dollar index fell by 0.07% to trade about 90.28.
As for the US dollar/Canadian dollar pair, the greenback was up 0.16% to 1.2870.
Today, bitcoin is moving in a steady upward trend, rising above 24.500 dollars per coin.
At the time of preparing the material for this video, the BTC/USD pair added 4.17% to settle at 24,525 dollars per token.
As sentiment remains positive, bitcoin is likely to continue trading upwards next week.
As you can see, on Christmas Day, dynamics in the stock and foreign exchange markets are rather weak as there are no factors that can drive price moves.
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The market in the United States is closed on Friday for Christmas. The Dow Jones Industrial Average gained 0.23%, remaining at the level of 30102. The Nasdaq Technology Sector Index ended 0.40% higher. The S&P 500 broad market index followed suit and added 0.35%.
Today, activity in the stock and foreign exchange markets is rather subdued. Stock exchanges in the United States, Europe, and some parts of Asia are closed due to the celebration of Catholic Christmas.
The US dollar continues to trade in a weak downtrend against most major world currencies due to the absence of drivers.
Today, the US dollar index fell by 0.07% to trade about 90.28.
As for the US dollar/Canadian dollar pair, the greenback was up 0.16% to 1.2870.
Today, bitcoin is moving in a steady upward trend, rising above 24.500 dollars per coin.
At the time of preparing the material for this video, the BTC/USD pair added 4.17% to settle at 24,525 dollars per token.
As sentiment remains positive, bitcoin is likely to continue trading upwards next week.
As you can see, on Christmas Day, dynamics in the stock and foreign exchange markets are rather weak as there are no factors that can drive price moves.
https://www.instaforex.com
FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv
Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests
List of official InstaForex blogs:
https://www.facebook.com/instaforex
https://www.instagram.com/instaforex/
https://twitter.com/InstaForex
#forex_news #american_session #instaforex_tv
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