Analysis of the past day

On Wednesday, as a result of trading, the US dollar was under the pressure from the correction after yesterday’s growth. Additional pressure on the American dollar had a weak data on the construction in the United States. A more significant correction of the American dollar was traced against safe assets: gold and yen, which is caused by increased risks.

Stock indices remained under the pressure throughout the day due to fears of a resumption of the US-Chinese trade war. (Nikkei 225-0.31; DAX -0.70; FTSE 100-0.60; Dow 30 -0.10)

The US dollar index has updated a high, but closes the European session below the opening of the day. The return of the American dollar under the level of 97.30 indicates a deeper correction.

Fig. The US dollar index chart. The current price is 97.20 (10-year US government bonds yield is the blue line)

Hanzenko Anton