Analysis of the past day

On Monday, July 30, the US currency was under pressure across the market spectrum on the correction of positions ahead of the upcoming news on the US, which will come out in the week and under the pressure of weak data on the preliminary report of US GDP. As a result, the dollar set its sights on last week’s low.

Stock markets at the beginning of the week are traded in the negative zone, remaining under pressure of risks and negative sentiments (Nikkei 225 -0.75, DAX -0.30, FTSE 100 -0.10, Dow 30 -0.10).

On Monday, the American dollar opens a new week full correction against Thursday’s growth, indicating a propensity to decline, but limited to oversold and support levels of 94.20 and 94.00.

The US dollar index chart. The current price is 94.30 (10-year government bonds yield is a blue line)

Hanzenko Anton