Analysis of the past day

On Thursday, February 15, the US dollar renewed a minimum of a week against the basket of major competitors, while keeping the downward sentiments of Wednesday. At the same time, the downward dynamics of the American has slowed significantly, and against the commodity currencies the American has managed slightly to recover. The growth of the American against commodity currencies was caused by the decline in oil prices on the resumption of the downward trend.

Stock indices on Thursday continued to be restrained to strengthen on the recovery of optimism (Nikkei 225 +1.47, DAX +1.20, FTSE 100 +1.00, Dow 30 +0.15). Despite the restrained recovery of world stock indices, fears in the market continue to persist, as indicated by the very mixed stock market growth.

The US dollar index, after a rapid decline yesterday, remains in a sideways trend, limited to the February low, thereby maintaining a downtrend on the American, and limiting itself to the lows of the current year.

Graph of the US dollar index. The current price is 88.70.

Hanzenko Anton