Analysis of the past day

On Wednesday, the dynamics of the market and the US currency remained mixed. Thus, the first half of the day passed under the general sentiment of the growth of the US dollar on correction after a decline and renewed optimism in the stock markets. Stock indices went into the red zone closer to the opening of trading on the American stock exchanges and it caused the resumption of pessimism in the market. And the weak construction data in the US increased the pressure on the American dollar.

Stock indices became the base market sentiment, which was caused by the resumption of pessimism (Nikkei 225 +1.27; DAX + 0.90; FTSE 100 + 0.50; Dow 30 +1.10).

The US dollar index for the day updated the maximum at a  95.40-50, that slowed down the downtrend significantly, but against the background of renewed pessimism on the stock markets and a decrease in the US  state bonds yield retain the potential to limit to the levels of support: 95.30-20 and 95.00.

The US dollar index chart. Current price – 95.30 ( 10-year government bonds yield – blue line)

Hanzenko Anton