Analysis of the American Trading Session

The US session on Wednesday was closed by a restrained movement of the US dollar near the lows of two weeks. The limited dollar at the end of the day was caused by the expectation of the publication of the FOMC meeting minutes. At the same time, the testing of the results of the protocol fell already at the Asian session, which can also be attributed to the continued expectation of introducing new US duties on Chinese goods in the amount of 25%  from $ 16 billion.

The resumption of risks in the market and further escape from risks will increase the demand for safe assets and the US currency. The limiting factor for the US dollar can only be political risks in the US.

The US dollar index chart. The current price is 95.30 (10-year government bonds yield is a blue line)

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Andre Green

Earn with the help of the trade service on the news Erste News!

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