Analysis of the past day

On Friday trades the trading on the foreign exchange market was multidirectional, and published news were the main driver. Thus, the Canadian dollar weakened significantly on the publication of weak data on Canadian GDP. The US currency was traded in different directions against most competitors, as well as the euro. A noticeable weakness at the end of the day showed the yen and gold on the growth of optimism.

Stock markets close the week and month with growth on the growth of optimism and correction after a modest decline (Nikkei 225 +1.02; DAX + 0.80; FTSE 100 + 0.50; Dow 30 + 0.30).

The US dollar index closes the week near the significant resistance of 96.30, indicating attempts to slow down the downward trend and the formation of an upward corrective trend.

The US dollar index chart. The current price is 96.30 (the yield on 10-year government bonds is the blue line)

Hanzenko Anton