Analysis of the past day

An uncertainty remained in the market as a result of Thursday’s trading day, which was expressed by multidirectional market movement. At the same time, it is worth to note a noticeable increase in market volatility, which was associated with the publication of the US data and the ECB meeting results. In the face of continued uncertainty and increased volatility, gold received a significant support due to the aggravation of risks.

From the start of the day, stock indices have been trading in positive territory on the general positive sentiment and rising cost of raw materials. (Nikkei 225 +0.55; DAX +0.50; FTSE 100 +1.20; Dow 30 -0.20)

The US dollar index closes daily trading with growth on the weakness of the euro, testing the resistance level of 97.60, which meets the Wednesday high, indicating the formation of a restrained upward trend from 97.60-70 to 97.40-30.

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

Hanzenko Anton