Analysis of the past day

On Wednesday, trading in most major currency pairs remained multidirectional, amid a change in sentiment and the further strengthening of the pound. The strengthening of the British pound was the main deterrent for the US dollar, which was caused by the expectation of a Brexit deal, as it was yesterday.

Also, the ambiguous dynamics of the main currencies was influenced by stock indices, which during the day were traded quite ambiguously (Nikkei 225 +0.11; DAX -0.20; FTSE 100 -0.10; Dow 30 -0.10), starting the day with a decrease in attempts to restore the American dollar and ending in a plus on the growth of optimism.

The US dollar index was trading in different directions at the end of the day, as a result of which it updated a high of 97.40, but then returned to decline, updating  a low at 96.90, returned to a downtrend and indicated a potential for decline.

The US dollar index chart. The current price is 97.00 (10-year government bonds yield is the blue line)

Hanzenko Anton