Analysis of the past day

On Tuesday, February 20, the US currency continued to rise against its main competitors on a general recovery. An additional factor in strengthening of the American was the decline in the euro on the back of weak statistics on the euro area and pressure in the cross-rate EUR/GBP.

Stock exchanges, after the decline yesterday, are traded quite restrainedly, showing restrained growth on the preservation of fears (Nikkei 225 -1.00, DAX +0.30, FTSE 100 -0.20, Dow 30 +0.10). Fears about stock exchanges resumed against the backdrop of weak corporate reporting.

The US dollar index throughout the day continued to maintain an upward trend in the growth of optimism and profitability of the US state bonds. Despite the noticeable strengthening of the dollar index, the further growth of the American is limited to the level of 89.70-80, from which a downward trend may resume.

Graph of the US dollar index. The current price is 89.50.

Hanzenko Anton