Analysis of the past day

On Wednesday, June 27, the US dollar closes the day by continuing growth against the basket of major competitors. The reason for strengthening the American dollar, despite the negative start of stock indices, was the growth of optimism in the market.

Stock markets began the day a significant decline, but after they returned to the green zone, despite the statements of Trump, regarding the restrictions of Chinese investments (Nikkei 225 -0.30, DAX +1.40, FTSE 100 +1.10, Dow 30 +1.20 ).

In addition to optimism on the market, additional support was provided to the American dollar by positive data on the reduction of the trade balance deficit. The US dollar index is thus limited to overbought and psychology 95.00.

US dollar index Graph. The current price is 94.40 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton