Analysis of the past day

On Friday, trading in the foreign exchange market remained directed against the US dollar. This is largely due to weak inflation data in the United States and a decrease in the US stock indices. This actually became the consequence of the exacerbation of trade tension between the USA and China.

Stock indices showed multidirectional dynamics throughout the day. Thus, the indices of Asia and Europe showed predominantly growth. And American stock indices came under the pressure of trade opposition risks (Nikkei 225 -0.23; DAX + 0.50; FTSE 100 -0.10; Dow 30 -1.10).

The US dollar index closes the week with a decline, updating the weekly minimum and resuming the downward trend, while limiting to oversold and support levels: 97.10-00. Resistance is located on the marks: 97.30 and 97.50.

Fig. The US dollar index chart. The current price is 97.20 (10-year government bonds yield is the blue line)

Hanzenko Anton