Analysis of the past day

On Wednesday, December 27, the US currency accelerated decline against the main basket of world currencies, which was caused by the persistence of pressure on the American and the release of ambiguous data on the United States. As a result, the dollar index has updated minimum of a month due to the low market liquidity.

Also, the US dollar declined due to the widespread strengthening of commodity currencies based on the positive dynamics of raw materials, which was caused by rising prices for metals. In turn, the volume of trading remains extremely low, which can cause both the attenuation of existing dynamics and rapid correction. Change of the sentiment about raw materials can caused by a report on oil reserves in the US, which can both strengthen and weaken the existing dynamics.

Hanzenko Anton