Analysis of the past day

On Friday, May 25, the US dollar during the day demonstrated multidirectional dynamics, which was caused by data on US-North Korean political relations and political instability in Italy. The news also affected the general sentiment of the market and other currencies.

Stock indices, after short-term growth attempts at the beginning of the day, close the week by a decrease in flight from risks (Nikkei 225 +0.06, DAX +0.20, FTSE 100 -0.910, Dow 30 -0.05). Oil, in addition to negative sentiment, accelerated the decline on fears associated with the revision of quotas for oil production on the basis of an agreement by OPEC, thereby completely breaking the monthly upward trend.

The US dollar, against the backdrop of an uncertain political situation, has become a safe haven along with gold. As a result, the US dollar index maintains an upward trend and closes the week with the update of the annual maximum at around 94.20.

Graph of the US dollar index. The current price is 94.20 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton