Analysis of the past day

On Tuesday trading against the US currency closed with growth. The reason for the sale of the dollar, despite the reduction of geopolitical risks in the United States, was the general growth of optimism in the market. So, at the start of the day, the expectation of the US and China trade talks at the highest level was the reason for the growth of optimism in the market, which initially supported the American dollar, but after it investors switched to more profitable commodity assets.

For the second day in a row, stock markets closed with a noticeable strengthening on the growth of optimism regarding trade negotiations between the US and China (Nikkei 225 + 2.61; DAX +1.10; FTSE 100 +0.10; Dow 30 +1.20).

The US dollar index on Tuesday closes with a decline on the break of the upward dynamics caused by the correction. Significant support settled at levels: 96.70 and 96.50, resistance: 97.00 and 97.20.

The US dollar index chart. The current price is 96.80 (10-year government bonds yield is the blue line)

Hanzenko Anton