Analysis of the past week

As a result of a rich on news and highly volatile week, most major currency pairs close in flat. The exceptions were commodity currencies, which received support from rising oil prices, and Australian and New Zealand dollars, which, on the contrary, were under the pressure from risks and news.

The US dollar closes the week near the opening of the week level, while updating the weekly high at 98.70 and showing a weekly volatility of about 0.7%. The dollar consolidated above the key support 98.00-20 and slowed down the decline, but did not develop upward dynamics, limiting itself to resistance: 98.70-80.

Fig. US Dollar Index Chart H4. Current price – 98.30 (10-year government bonds yield – blue line)

Hanzenko Anton