Analysis of the past day

The US currency resumed its growth and updated two months high at 96.50 at the end of trading on Wednesday. It was caused by the renewed optimism in the market and the persistence of risks in Europe.

Stock indices traded in different directions throughout the day (Nikkei 225 +0.37; DAX -0.10; FTSE 100 +0.50; Dow 30 -0.50). At the start of the day, the growth of stock indices was observed, due to a correction against yesterday’s decline, but optimism on the stock markets ended for the American session.

The US dollar index closes the day with a moderate correction after growth, remaining above the psychology of 96.00, while limiting itself to a new maximum at 96.50 and a decrease in the US state bonds profitability.

The US dollar index chart. The current price is 96.40 (10-year government bonds yield is the blue line)

Hanzenko Anton