Analysis of the American Trading Session
The US session on Tuesday closed with a restrained upward movement of the US dollar against a basket of major competitors. At the same time, the weekly lateral dynamics of the American dollar is maintained on market restraint and waiting for the US Federal Reserve meeting results, which will be released today at the end of the day.
Investors were nervous In addition to the dollar also about the British pound, which closed the day with a decline. The reason for the decline of the British currency made the next risks around the Brexit deal, which did not pass after the vote. As a result, the UK is left without a trade agreement with the EU, despite an early exit.
The US dollar index remains to trade in flat, limited to waiting for the Fed meeting results and statistics for the United States. The expected trading range before the release of the US data from 95.90-96.00 to 95.60-50.
The US dollar index chart. The current price is 96.80 (10-year government bonds yield is the blue line)
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Andre Green
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