Analysis of the past day

On Friday, it was the sale of the US dollar across the market because of the general growth of pessimism due to the aggravation of the trade war and, as a result, the slowing of the global economy. The US – China tensions, which may escalate after restricting the sale of rare-earth minerals from China, and Trump’s unleashing of a new trade war with Mexico, in the form of the introduction of 5% of duty-based,  worried the market seriously. As a result, the American dollar was under a considerable pressure.

Stock indices at the end of the day also came under the pressure from risks, fully reflecting investor skepticism. (Nikkei 225 -1.63; DAX -1.50; FTSE 100 -0.80; Dow 30 -1.00)

The US dollar index in trading on Friday showed one of the significant declines in recent weeks, actually opening the day at 98.20 and updating a low at 97.80. In addition to selling off the dollar at risk, the American dollar increased pressure on the correction after a week of growth, contributing to the formation of movement against Friday. Support levels: 97.90 and 97.80, resistances: 98.10 and 98.20.

Fig. The US dollar index chart. The current price is 97.90 (10-year government bonds yield is the blue line)

Hansenko Anton