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EUR/USD at a Standstill

Yesterday world financial markets closed mixed again. European markets reacted positively to the news that the Eurogroup approved Greece’s reform plans. Thus, the German DAX grew 0.67 percent to 11,205.74 points, the French CAC 40 gained 0.5 percent getting to 4,886.44 points, and the British FTSE 100 advanced 0.54 percent up to 6,949.63 points.

In Russia, the MICEX index fell 1.15 percent down to 1,772.16 points, and the RTS index dropped 2.39 percent down to 888.69 points.

US indices were up to the comments by Federal Reserve Chief Janet Yellen that the regulator wasn’t going to raise the key interest rate before this June.

Yesterday oil prices closed with a slight drop. On the NYMEX, WTI oil futures for April went down by $0.17 and made $49.28 a barrel. On London’s ICE, the Brent oil future for April shed $0.24 and got down to $58.66 a barrel.

On the Forex market, the situation with EUR/USD remains unchanged.

Anna Gorenkova
NordFX Analyst

Wednesday, 25 Feb, 2015 / 10:25

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