Analysis of the past day

On Wednesday, an ambiguous dynamics were traced on the market. Thus, the US dollar index closes the day with restrained growth against a basket of competitors, which was caused by a correction. Commodity currencies for the most part continued to strengthen on maintaining optimism. At the end of the day, significant strengthening against the American dollar was shown by gold, which was supported by uncertainty.

On Wednesday, the stock exchanges were mostly above zero, maintaining optimism while waiting for negotiations between the US and China (Nikkei 225 +1.35; DAX + 0.70; FTSE 100 +1.00; Dow 30 + 0.70).

At the end of the day, the US dollar index corrected slightly after yesterday’s decline, updating the psychology at 97.00. When it remains in the zone of uncertainty, forming a flat in the range from 97.00 to 96.70.

The US dollar index chart. The current price is 97.00 (10-year government bonds yield is the blue line)

Hanzenko Anton