Analysis of the past day

On Thursday, by the end of the day, the US dollar strengthened noticeably against a basket of competitors. The reason for the growth of the American dollar was the growth of optimism in the stock markets and optimistic data for the United States. The main strengthening of the American dollar was traced against the commodity currencies and the Japanese yen.

Stock indices for the day were traded in different directions, after the general mood of the market. Despite the growth of optimism in the stock markets of Europe, the dynamics of the major indices remain downward (Nikkei 225 +0.07; DAX +0.30; FTSE 100-0.10; Dow 30 +0.10).

The US dollar index during the day updated the high at the level of 97.10, but was not able to gain a foothold above the psychological mark: 97.00. It indicates that the downward trend for the American dollar is preserved, which, in turn, is limited to support levels: 96.90 and 96.80.

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

Hanzenko Anton