Analysis of the past day

Monday trading turned out to be very volatile, especially for the European currencies (the British pound and the Swiss franc) despite its reduced activity at the beginning of the week and a day off in the UK and the USA. The British pound was under the pressure from political risks in anticipation of the resignation of British Prime Minister T. May. Swiss franc was under the pressure of reduced risks around the elections to the European Parliament.

Stock exchanges throughout the day were traded mostly in the black on stress reduction in the trading confrontation between the USA and China. But the dynamics of stock indices was also limited by reduced activity. (Nikkei 225 + 0.31; DAX + 0.40; FTSE 100 + 0.60; Dow 30 —)

The US dollar index was traded with a strengthening throughout the day, forming a movement against Friday, but maintaining a downward trend and continuing to limit itself to resistance 97.80 and 98.00. Support is located on the marks: 97.60 and 97.50.

Fig. The US dollar index chart. The current price is 97.70 (10-year government bonds yield is the blue line)

Hanzenko Anton