Analysis of the past day

On Monday trading on the foreign exchange market was very mixed, it was caused by the weakening of the US dollar, the growth of the euro on the comments of the ECB President Draghi and the preservation of risks in the market. So, by the end of the day, trading on the US currency can be called “against Friday”, thus completely correcting the American dollar against Friday’s growth. At the same time, today’s trading was influenced by statements on Brexit and optimistic comments by the ECB President on employment in the EU.

Despite the weakness of the dollar, stock indices close at the end of the day are well below zero, which indicates that the risks remain on the market (Nikkei 225 —; DAX-0.50 FTSE 100 -0.40; Dow 30 -0.50).

The US dollar index closed at the end of the day with a decline, having previously updated a maximum at 94.30, thereby indicating a slowdown in the decline, but retaining a downtrend. Supported by the marks: 94.00 and 93.80.

The US dollar index chart. The current price is 94.00 (10-year government bonds yield  is a blue line)

Hanzenko Anton