Analysis of the American Trading Session
The US session on Monday closed with a noticeable rise of the US dollar against most of the main competitors. The only exception was the Japanese yen, that received support on the flight from risks. The pressure on the euro has exacerbated by political risks in Germany, and the risks associated with the trade confrontation between the US and China continue to exert pressure on the currencies of the Asian region.
As a result of the US session, the US dollar index closes the day with strengthening, thus indicating the preservation of the upward movement. And the correction at the end of yesterday indicates the possibility of further growth of the dollar today, but with the support of the downward dynamics of stock indices.
US dollar index Graph. The current price is 94.90 (the yield of 10-year government bonds is a blue line)
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Andre Green