Analysis of the past day

On Tuesday, August 14, the main currency pairs on the market showed mixed dynamics, which was caused by risk reduction and publication of mixed data for the UK and the euro area. Also, growth against the US dollar showed the Canadian dollar on rising oil prices. The dollar index itself remained near the opening day.

Stock markets throughout the day mostly showed growth, despite the weak data on China (Nikkei 225 + 2.15, DAX +0.10, FTSE 100 -0.20, Dow 30 +0.40). This was due to lower risks in the global economy and correction after the decline.

The US dollar index against the basket of major competitors continued to trade in the range from 96.20 to 96.50, thereby finding significant support in the 96.20 area, from which further growth is possible after breaking through the established channel.

The US dollar index chart. The current price is 96.40 (10-year government bonds yield is a blue line)

Hanzenko Anton