Analysis of the past day

Wednesday trades were held under mixed sentiments, which were caused by the change in dynamics at stock exchanges and the ambiguous attitude of investors towards risks. So, by the end of the day, the British pound continued to strengthen, which remains optimistic on positive employment data in the UK and partially reducing the risks around Brexit. Most of the other currencies were traded in different directions, despite attempts to increase the cost of raw materials.

At the end of the day, the stock exchanges closed in different directions, despite attempts to grow, due to ambiguous moods (Nikkei 225 -0.14 DAX -0.10; FTSE 100 -0.60; Dow 30 +0.60).

The US dollar index traded on Wednesday with restrained downward dynamics, limited to the week lows at 96.20, actually indicating a slowdown in the uptrend of recent days and the possibility of a reversal formation. Significant support is located at levels: 96.20 and 96.00.

The US dollar index chart. The current price is 96.20 ( 10-year government bonds yield is the blue line)

Hanzenko Anton