Analysis of the past day

On Thursday, trading in the foreign exchange market remained restrained, despite the growth of optimism. The British pound showed noticeable volatility on exacerbating political risks, but it was also limited.

Stock indices traded throughout the day with significant gains in easing tensions around the trade war. (Nikkei 225 +0.37; DAX +1.20; FTSE 100 +0.80; Dow 30 +0.70)

The US dollar index, despite attempts of growth, remained traded in the side channel, limited to flat. The trading range from 97.80 to 97.30 remains limiting, which will maintain the July upward trend.

Fig. The US dollar index chart. Current price – 97.60 (on 10-year US government bonds yield – blue line)

Hanzenko Anton