The Analytical Overview of the Main Currency Pairs on 2021.0 | Justforex
The Analytical Overview of the Main Currency Pairs on 2021.02.01
On Friday, the dollar index remained practically unchanged. In the absence of a news background, quotes remained at the same level and below the moving averages on the daily timeframe. Monday trading began with negative data on the manufacturing sector in China. The January PMI index fell to a 4-month low, signaling a new wave of economic slowdown. This factor can put pressure on the quotes of European currencies since China is one of the main trading partners of Europe.
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