Analysis of the past day

On Thursday, according to the European trading session, European currencies accelerated the growth against the US dollar. The reason for this was the message that the EU and Great Britain have concluded an agreement on Brexit. The euro and the British pound updated the high against the US dollar against this background, but also increased pressure on the American dollar across the market, supporting risky currencies.

Stock indices were traded mainly in the green zone throughout the day. The main share of growth was made by European stock indices on lowering risks against the relatively tight Brexit. (Nikkei 225 -0.09; DAX +0.40; FTSE 100 +0.90; Dow 30 +0.00)

The US dollar index on Thursday updated the low at 97.50, closing it down for the third consecutive day, accelerating the downtrend, but being limited by oversold and support levels: 97.50 and 97.30. The upward correction is limited by the resistance levels: 98.00 and 98.20.

Fig. US dollar index chart. Current price – 97.70 (10-year US government bonds yield – blue line)

Hanzenko Anton