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Analysis of the American session
The dollar index on Friday showed a minimum value of 97.40, which is largely due to the correction of positions and statements by US President D. Trump. But, despite attempts to reduce, significant support 97.30-20 remained unbroken.
The return of the dollar index above the level of 97.50 on Monday indicates at least the preservation of the side channel, or as a maximum at growth after consolidation above the level of 97.80.
Fig. The US dollar index chart. Current price – 97.70 (10-year US government bonds yield – blue line)
Read also: “Trade balance influence on the country’s economy”
Andre Green
Earn with the help of the trade service on the news Erste News!
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