Analysis of the past day

According to the results of trading on Tuesday, the US dollar continued to strengthen against the basket of major competitors, after restrained trading in the first half of the day. The dollar was supported by very optimistic data on real estate sales in the USA.

At the end of the day, the stock exchanges were trading mostly below zero, which was caused by renewed fears around the trade standoff. As a result, the market tracked the increase in demand for safe assets (Nikkei 225-0.44; DAX +0.00; FTSE 100 +0.70; Dow 30 -0.20).

The US dollar index closes Tuesday’s trading near the highs of the week on positive data on real estate sales in the US, updating the resistance level of 97.00, also limited to overbought and the possibility of correction. Support levels are: 96.80-70.

The US dollar index chart. The current price is 97.00 (10-year government bonds yield is the blue line)

Hanzenko Anton