Analysis of the past day

On Wednesday, throughout the day, the ambiguous dynamics was traced on the market, which was caused by pessimistic moods in the stock markets. The main driver for the growth of pessimism and the sale of commodity currencies were the RBNZ meeting results, which hinted at the possibility of lowering rates. Following the New Zealand dollar, the Australian and Canadian dollar turned out to be under pressure.

Stock exchanges close below zero on rising pessimism (Nikkei 225-0.23; DAX -0.30; FTSE 100 -0.50; Dow 30 -0.60).

The US dollar index was traded in different directions throughout the day following the dynamics of stock indices. The American dollaf managed to return to growth after updating the lo at 96.70. The European session, the US dollar index closes near the psychological resistance of 97.00, confirming the upward trend.

The US dollar index chart. The current price is 96.90 (10-year government bonds yield is the blue line)

Hanzenko Anton