State of the market: the dollar slowed growth on the expectation of the US GDP

At the opening of Friday trading the main dynamics of the market is aimed at maintaining the upward dynamics of the US dollar. The growth fo the American dollar is limited by its total overbought and the expectation of the US GDP data. General market sentiment points to the preservation of pessimism and the flight of investors from risks, which provides additional support to the American dollar.

The US dollar index maintains a restrained upward trend, limited to Thursday’s high at 97.90. More significant resistance settled at 98.00-10. The support is the marks: 97.70 and 97.50.

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Hanzenko Anton

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