Analysis of the past day

On Wednesday, trading in the foreign exchange market remains very low-key, keeping the trading range of Tuesday. This behavior of the market is due to the continued positive dynamics in the stock markets and the growth of the state’s yield. of US bonds. As a result, many major pairs repeated yesterday’s pattern of movement in the market.

Stock exchanges continued to show growth, increasing profits (Nikkei 225 +1.08, DAX + 0.50 FTSE 100 + 0.45, Dow 30 +0.70), in fact, despite the risks of the US and China trade confrontation.

The US dollar index, throughout the day, was trading in flat, being squeezed in the trading range from 94.70-80 to 94.40-30, but remaining under the pressure of a downtrend.

The US dollar index chart. The current price is 94.60 (10-year government bonds yield  is a blue line)

Hanzenko Anton