Analysis of the past day

On Tuesday, multidirectional dynamics were tracked on the market, which was associated with statements and comments. Thus, the euro was under the considerable pressure due to the comments of the ECB President Draghi and an inflation data in the eurozone. This gave a significant support for the US currency versus the euro.

The data that the president of China, Xi, agrees to talk to Trump during the G20, has become an added driver for the movement in the market. This markedly increased optimism in the market, causing a decline in demand for safe currencies and an increase in riskier ones.

Stock indices during the day traded with a strengthening, showing a more noticeable increase in the second half of the day to reduce risks. (Nikkei 225-0.72; DAX +2.10; FTSE 100 +1.40; Dow 30 +1.30)

The US dollar index on the weakness of the euro and the growth of optimism has updated a high of 97.70, aiming at the level of 97.80, maintaining an upward trend, despite the limiting factor in the form of waiting for the Fed meeting.

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

Hanzenko Anton