State of the market: the dollar keeps growing

From the start of the day the US dollar has maintained an upward trend on the statement of the US President D. Trump and the US lawmakers on government borrowing. It supported the US dollar by increasing the demand for the US currency in the amount of about $ 3 billion.

Since the beginning of the day, the US dollar index has been trading near the monthly high, being limited to overbought, having overcome a significant resistance at the level of 97.50-60 and being in the overbought zone. In fact, the US dollar is limited to overbought, but maintains an upward trend, limited to marks: 97.80 and 98.00.

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Hanzenko Anton

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