Analysis of the American session
Tuesday’s trading closed with a restrained movement of the US dollar and the market in general. The reason for the limited market continued to be the expectation of interest rates cuts in the eurozone and data on thr US-China trade relations. Against this background, many investors have focused on risky assets that receive support from risk reduction.
The US dollar index closed Tuesday’s trading slightly above the opening of the day level, but continued to trade in the side channel, limiting itself to a three-day flat, which on fundamental data can form a breakout in either direction.
Fig. The US dollar index chart. Current price – 98.40 (10-year US government bonds yield – blue line)
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Andre Green
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