Analysis of the past day

On Friday, trading in most currency pairs was restrained. The exception was the Canadian dollar, which received support from employment data in Canada. But the general investors flight from risks against the background of negative dynamics of stock indices limited the strengthening of the Canadian dollar.

Stock exchanges close the day in the red on exacerbation of negative sentiment due to the fact that the US-China trade agreement is likely to be concluded after additional tariffs (Nikkei 225-2.01; DAX -1.20; FTSE 100 -0.30 ; Dow 30 -0.80).

The US dollar index on Friday was traded in different directions, limited to the lateral dynamics and the trading range of Thursday. A deterrent for the American dollar was the reduction in the likelihood of a trade deal between the US and China and a technical correction at the close of the week. At the same time, the upward dynamics of the dollar persists, despite the possibility of a deeper correction.

The US dollar index chart. The current price is 96.60 (10-year government bonds yield is the blue line)

Hanzenko Anton