Analysis of the past day

On Monday, December 11, trading in the US currency was very restrained, remaining limited to the Friday data on employment in the US and data on the labor market. Also, the upcoming meeting of the US Federal Reserve, which will be held on Wednesday, is deterrent for the American. As a result, the dollar index slowed the upward movement, but kept the upward trend, thereby retaining the potential to strengthen, but it is limited to the upcoming news.

At tradings on Monday, the British pound is still an outsider, which, despite the lack of data on Brexit, continued to weaken against its main competitors. The persistence of negative moods for the pound is due to the statements of the EU representatives about the preservation of the openness of acute issues regarding Brexit.

Graph of the US dollar index. The current price is 93,700.

Hanzenko Anton