Before the new year demand for the dollar has shown great growth and investors are optimistic about the eurozone.
Most investors are on vacation during the Christmas holidays and prefer not to make transactions at the very end of the year.
At the moment the indices of the US currency have been pushed back to lower yields and the falling of US Treasuries also weighed on the dollar. Thus, the dollar index currently approached a four-month low. In addition, the consumer confidence index released yesterday showed a larger decline than expected.
Asian stocks, on the other hand, show growth and are at maximum monthly values. Thus, the MSCI World Index, which tracks shares in 47 countries, found itself near record highs and this year has shown growth of 21.5%.
Today in the US we expect a weekly report on crude oil inventories which are projected to be down by 3,91M.
Recall that after the explosion of the pipeline in Libya oil prices reached maximum values in two and a half years.