Analysis of the past day

On Thursday, December 28, the US dollar was under pressure across the entire spectrum of the market, as a result of which the minimum of the current month was updated against the basket of major competitors. The sale of the American was caused by the decline in the profitability of the US state bonds and general strengthening of commodity assets.

As a result, at the general decline of the American, commodity currencies and safe haven currencies strengthened. An additional factor in the weakening of the American was the low liquidity of the market on New Year’s Eve, which increased the movement for the sale of the US dollar.

The further decline of the American remains limited by a significant overbought, but in the conditions of a “thin market”, the dollar sell-off may be resumed without obvious reasons.

The graph of the US dollar index. The current price is 92,550.

Hanzenko Anton