Analysis of the past day

On Tuesday, December 12, the US currency showed mixed dynamics against the basket of major competitors, as a result of which the recent high was updated. The growth of optimism on the US currency was caused by very positive data on the US. Also, support to the American was provided by the preservation of the uptrend in the American and optimistic expectations for the upcoming meeting of the US Federal Reserve, which will be held tomorrow.

As a result, the US dollar index managed to update the maximum of the current month, and break through the level of 94.000. Further strengthening of this index will be limited due to overbought and upcoming US data.

Graph of the US dollar index. The current price is 94.100.

Hanzenko Anton