Analysis of the past day

On Friday trades  major currency pairs closed very ambiguously. While European currencies and safe haven currencies weakened against the American dollar, commodity currencies: the Australian dollar and the New Zealand dollar closed the day with significant growth. The exception was the Canadian dollar that collapsed on weak inflation data.

Stock indices traded in different directions throughout the day, remaining under pressure, but receiving support from corporate reporting (Nikkei 225-0.60; DAX -0.10; FTSE 100 +0.50; Dow 30 +0.60).

The dollar index at the end of the day fell on repulse from the resistance level of 96.00, which was caused by a correction. But at the same time, the dollar index retained an uptrend, which may give rise to growth.

The US dollar index chart. The current price is 95.80 (10-year government bonds yield is the blue line)

Hanzenko Anton