Analysis of the American Trading Session

The US trading session on Tuesday closed with a moderate decline of the US currency against a basket of competitors. The main decline of the American dollar fell on the Japanese yen, which was caused by increased risks and a general flight of investors from risks, which, in turn, was due to the collapse of stock indices and a decrease in the US state bonds profitability.

At the same time, the US dollar index maintained an uptrend, despite a moderate correction near the support of 95.80. When returning above 96.00, the dollar opens the way to 96.30-50.

The US dollar index chart. The current price is 96.00 (10-year government bonds yield is the 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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1. Dow Theory – the basics of technical analysis.
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3. Prospects for recovery of emerging markets.

Current Investment ideas:

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