Analysis of the past day

On Thursday, August 23,  the British pound and the Australian dollar were under considerable pressure. In the case of the pound, the sell-out driver became deadlocked negotiations on the EU and the UK trade relations. The Australian dollar continued to be influenced by the political crisis after a series of resignations in the Australian government. In the general picture on Thursday, the market saw the growth of the dollar, caused by the new outbreak of  the US and China trade tensions.

Stock exchanges traded in positive territory, but did not show significant growth due to the worsening of the US and China trade confrontation (Nikkei 225 +0.25, DAX +0.05, FTSE 100 +0.00, Dow 30 +0.00) .

The dollar index for the day fell back from the two-week lows and formed a significant support at 95.20. At the same time, the level of 95.50 should be overcome to develop a correction for the dollar.

The US dollar index chart. The current price is 95.50 (10-year government bonds yield is a blue line)

Hanzenko Anton