Analysis of the past day

On Thursday, July 5, the American dollar continued to decline against major competitors. The reason for dollar sales was the growth of optimism on the market and weak employment data in the US, which increased the negative expectations from the forthcoming report on employment in the US.

Stock indexes during the day were the main driver of growth in commodity currencies and remained optimistic solely on the lack of data on trade confrontation (Nikkei 225 -0.75, DAX + 0.80, FTSE 100 +0.20, Dow 30 +0.20).

At the end of the day, the US dollar index once again updates the weekly minimum, confirming the downward trend and preparing for the storm of psychology at 94.00.

The US dollar index Chart. The current price is 94.30 ( 10-year government bonds yield is a blue line)

Hanzenko Anton