Analysis of the American Trading Session
According to the results of the American Friday session, the US dollar closed the week slightly higher than the opening of the week, but under noticeable pressure. The reason for the sale of the American dollar was the strengthening of optimism in the euro area on the adoption of migration amendments. On the other hand, the single currency also received support from the growth of optimism on the stock markets, which was caused by a decrease in political risks in Europe and the weakness of the American dollar.
The new week opened with a change in the market, which was caused by the resumption of risks in the EU. As a result, the US dollar index was under pressure of correction after the decline.
US dollar index Graph. The current price is 94.70 (the yield of 10-year government bonds is a blue line)
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Andre Green