Analysis of the American Trading Session
The American session of Tuesday was closed by the restrained dynamics of the American dollar against competitors, showing a restrained dynamics in the correction of positions before the weekend in the US. At the same time, with the opening of the new day, the American dollar was again under pressure, but with a marked propensity to decline.
The US dollar index, in its turn, is limited by the downward dynamics and the trading range from 94.40 to 94.70. Because of the day off in the US today it is expected the decline in activity by the end of the European session.
US dollar index Graph. The current price is 94.50 (the yield of 10-year government bonds is a blue line)
Read also: “Financial issues at the beginning of 2018”
Andre Green