Analysis of the American Trading Session
The American session on Thursday was closed by the decline of the American dollar in the whole spectrum of the market on the background of weak data on manufacturing activity in the US, that unexpectedly fell to the lows of the last year, thus raising concerns about the upward dynamics of this indicator and prospects for its further growth.
The USA productive activity chart.
This strengthened the pressure on the US currency and strengthened the correction after Thursday. So, the US dollar index is trading at the opening level of the week, limiting itself to the lateral trend from 94.60-50 to 95.00 and waiting for drivers to move.
US dollar index chart. The current price is 93.80 (the yield of 10-year government bonds is a blue line)
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Andre Green