State of the Market

Most of the instruments of the foreign exchange market demonstrate a rather low-key dynamics in the course of trading on Monday. This situation on the market is due to the lack of a significant news background in the course of trading and any other catalysts.

The US dollar index during the European session returned some of the lost positions from the opening of trading on Monday, but still remains in a narrow range. The restraining factor for the further recovery of the US currency is the decline in the yield of the US government bonds, which on average dropped by -0.13%.

Fig. Graph of the US dollar index. The current price of DXY is 90.11.

Alexander Sivtsov