Analysis of the day

On Thursday, November 9, trading in the market was in a sideways trend for most of the major currency pairs. A small strengthening was demonstrated by safe haven currencies, which received support from the negative dynamics of stock indices because of uncertainty.

The US dollar index weakened slightly against its main competitors, but maintained a sideways trend that was traced for two weeks. Further decline of the index will be limited to the support level at 94.00, minimum of the last week.

Anton Hanzenko