Analysis of the past day

On Friday, trading in the foreign exchange market was restrained. The exception was the British pound and the Canadian dollar, which were under the pressure from national statistics.

Stock indices throughout the day were traded in different directions. We started the day very positively, but closing it significantly below zero. This was associated with risks of exacerbation of trade stress. (Nikkei 225 +0.44 DAX -1.10; FTSE 100 -0.20; Dow 30 -0.60)

The US dollar index has kept a narrow flat, which is invested in the uptrend of July. Significant support is located at levels: 97.50 and 97.30, resistance: 97.80 and 98.00.

Fig. 2. The US dollar index chart. Current price – 97.60 (10-year US government bonds yield – blue line)

Hanzenko Anton