Analysis of the past day

On Friday, January 12, the world stock exchanges remained optimistic and continued their growth (Nikkei 225 -0.24, DAX + 0.30, FTSE 100 + 0.33, Dow 30 +0.70). The support for the stock indices is provided by the positive dynamics of commodity currencies and optimism regarding corporate reporting.

The continued optimistic sentiment relative to euro also put pressure on the US currency, which resumed the decline at the opening of the European session. Despite very positive data on inflation in the US, the American failed to recover significantly. As a result, the market shows a significant oversold of the US dollar against European currencies, which at the opening of a new week can cause a correction.

Graph of the US dollar index. The current price is 91.00.

Hanzenko Anton