Analysis of the past day

On Tuesday, August 21, the US dollar weakened across the  market on US President D. Trump’s comments regarding his dissatisfaction with the Fed’s policy. As a result, investors resorted to the sale of the dollar at the risk of Trump’s intervention in the actions of the US Federal Reserve.

Stock exchanges remained optimistic throughout the day, waiting for the results of negotiations on the US and China trade relations  (Nikkei 225 +0.09, DAX + 0.50, FTSE 100-0.50, Dow 30 +0.30).

The dollar index to the close of the European session is trading near the level of 95.50, thereby indicating the formation of support, while unloading the oversold dollar and forming a flat. Support levels: 95.50 and 95.20, resistance: 95.80 and 96.00.

The US dollar index chart. The current price is 95.60 (10-year government bonds yield is a blue line)

Hanzenko Anton