Analysis of the past day

On Wednesday, trading on the foreign exchange market took place in different directions, against the background of preserving Brexit risks and ambiguity about the prospects for the global economy. As a result, the market remains ambiguous dynamics. On the one hand, the growth of optimism contributes to the growth of risky assets, but on the other – geopolitical risks put pressure on them.

Stock exchanges close the day with restrained growth, staying near monthly highs. Stock indices are supported mainly by positive reporting and a lull in the US – China trading confrontation (Nikkei 225-0.55 DAX +0.40; FTSE 100-0.30; Dow 30 +0.50).

The US dollar index closes the trading by the correction to the level of the opening of the day, updating yesterday’s high at the level of 96.20. Fixing the index below 96.00 may indicate a deeper correction to support levels: 95.70 and 95.50. Resistance marks are: 96.20 and 96.50.

The US dollar index chart. The current price is 96.10 (10-year government bonds yield is the blue line)

Hanzenko Anton