Analysis of the past day

On Wednesday, March 28, the US dollar index strengthened against major competitors, which was caused by the publication of positive data on the US, namely, US GDP and data on real estate sales in the US. Also, the support to the American was provided by the reduction of risks associated with the weakening of the aggravation of the trade war.

But, despite the decrease in risks relative to the trade war, stock exchanges in most trades are below zero (Nikkei 225 -1.34, DAX -0.40, FTSE 100 +0.40, Dow 30 +0.00). This is due to the uncertainty in the stock markets. This uncertainty is also maintained in the oil market, thereby limiting oil quotes, despite the growth of oil reserves in the US.

The US dollar index, despite considerable support, continues to be limited to a corrective trend, which as a result may cause correction.

Graph of the US dollar index. The current price is 89.70.

Hanzenko Anton