Analysis of the past day

On Thursday, January 11, the US currency was under considerable pressure due to the publication of the ECB protocol. As a result, the US currency index resumed its decline and updated yesterday’s low against the basket of major currencies. Thus, trading on Thursday proved to be very volatile due to the general decline of the American.

Trading on the stock exchanges went in different directions, keeping the negative dynamics of the previous day (Nikkei 225 -0.33, DAX-0.80, FTSE 100 +0.10, Dow 30 +0.40), but amidst the optimism of oil and oversold quotes, Wall Street opened up with growth. In the long term, this may indicate a wave of renewed growth in stock exchanges.

After a wave of negative data on the US dollar, the ECB’s report and the US data, the US dollar was under considerable pressure, which after a short correction could resume the global decline of the American. At the same time, the US dollar index needs to overcome the current year low at 91.50-40.

Graph of the US dollar index. The current price is 91.60.

Hanzenko Anton