Analysis of the past day

On Wednesday, despite a significant amount of published news, the main focus of the market is on the publication of the US Federal Reserve meeting minutes. From the published data it is needed to highlight an inflation data in the UK and Canada, which determined the dynamics of national currencies.

Stock indices showed multidirectional dynamics throughout the day, but close the day with a predominantly small increase. The reason for the uncertainty are the risks and expectations of the Fed meeting  results. (Nikkei 225 +1,80; DAX -0.30; FTSE 100 -0.50; Dow 30 +0.10)

The dollar index at the end of the day closes down, which was caused by the correction of positions before the Fed report. As a result, the dollar index fell to a  Tuesday low at 97.40. It actually slowed the upward trend and began to trade in the trading range of recent days, waiting for data from the US Federal Reserve.

Fig. The US dollar index chart. The current price is 97.40 (10-year US government bonds yield is the blue line)

 Hanzenko Anton