Analysis of the past day

On Tuesday, trading on the foreign exchange market was aimed at selling the American currency and strengthening the British pound. The opportunity of  Brexit delay and the growing likelihood of a new referendum continued to provide support for the British pound. As a result, it casts doubt on the very possibility of Brexit.

Stocks on Tuesday traded lower on optimism after rising and the absence of actual results of the US – China trade talks  (Nikkei 225 -0.49; DAX +0.20; FTSE 100 -0.60; Dow 30 -0.40) .

The US dollar index has updated last weeks low, despite the optimistic data for the United States. Restrained rhetoric of the US Federal Reserve head and weak data on the real estate market returned the American dollar to a decline, actually opening the way to support levels: 96.20 and 96.00.

The US dollar index chart. The current price is 96.30 (10-year government bonds yield is the blue line)

Hanzenko Anton