The EUR / USD pair held trading on Monday in a very narrow price range, while maintaining the lateral directionality of the movement.
On Monday, gold was trading in a very narrow price range and closed at the opening level of the day.
Representatives of OPEC+ countries has met in Saudi’s city of Jeddah on weekend to discuss the current agreement on oil production curbs, which expiry date is coming next month.
The EUR / USD pair maintains a downward vector against the background of the strengthening of the American currency and high political and economic risks in the EU.
On Friday, the price of gold continued to move in the framework of a downward trend, amid strengthening of the US currency.
Market continues to monitor the development of trade conflict between the U.S. and China
Next week we follow the speeches of the Head of ECB and the Federal Reserve Board and the publication of minutes of the regulators' meetings
The EUR / USD pair finished trading on Thursday with a decline of more than 0.2% against the background of increasing pressure from the dollar and increasing political uncertainty in the EU.
Gold finished trading on Thursday with a fairly strong decline, by more than 0.8%, amid growing pressure from the dollar and the situation on stock exchanges.
