Analysis of the past day

On Thursday, the ambiguous dynamics was traced across the market. Thus, the British pound accelerated growth against the majority of competitors for correction and positive data on retail sales in the UK. During the day, the euro was trading lower on the rumors of a review by the ECB of inflation goals. The American currency was traded in different directions against its main competitors.

At the end of the day, stock indices close with a decrease in the persistence of the US-China trade tensions and the risks of a slowdown in the global economy. (Nikkei 225 -1.97; DAX -0.60; FTSE 100 -0.40; Dow 30 -0.00)

The US dollar index for the day updated a low at the level of 97.10-05, which was due to pessimism about the American dollar. But on the weakness of the euro, the American dollar managed to retreat from the lows and return to the level of the opening of the day, pointing to a slowdown in the decline and the formation of a low-key correction, which is limited to the side range from 97.30 to 97.10.

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

Hanzenko Anton