The US dollar received support. Data on retail sales in the US.
The US dollar is trying to strengthen its positions against the basket of currencies after a significant weakening on the eve, which was caused by the results of the December meeting of the Fed. See “Analysis of the American Trading Session.” Support for the US currency is provided by positive data on retail sales in the US in November, which exceeded the October figures. See Market News.
The dollar index based on this statistic slows down its decline, but still remains under pressure. In the event that the index manages to gain a foothold below 93.210, its urther reduction to the level of 93.00 is possible.
Fig. Graph of the US dollar index. The current price of DXY is 93.291.
Alexander Sivtsov
