Analysis of the past day

On Monday multidirectional dynamics was observed in the market following the results of the day. So, in the morning the optimistic mood on Brexit remained on the market, which supported European currencies and increased pressure on the US dollar. The weakening of the American dollar also supported commodity currencies. It maintained the downward trend of the dollar, which was traced on Friday.

Stock indices at the end of the day were traded in the plus, receiving support on the optimism of Brexit. (Nikkei 225 +0.25; DAX +1.00; FTSE 100 +0.20; Dow 30 +0.00)

According to the results of the day, the US dollar index updated Friday’s low at 97.15 and came to an upward correction, while continuing to be limited by a downtrend and the expectation of a decrease in the US rates. In fact, it remained in a downtrend, limiting itself to resistance levels: 97.30 and 97.50, with support on the marks: 97.00 and 96.80.

Fig. US dollar index chart. Current price – 97.30 (10-year US government bonds yield – blue line)

Hanzenko Anton