State of the Market: the US dollar returns to support

The Asian session opened with the continued negative dynamics of the US currency, which was caused by the resumption of negative sentiment in the US. The sale of the American was caused by the weak statistics on construction in the US and fears of the termination of the work of the US government. As it became known, the financing of the US government was extended until mid-February.

As a result, the market remains negative about the US currency, which maintains a downward trend relative to the American. Also, the market keeps limited dynamics of major currency pairs, which are traded in the range of the previous days. The US dollar index remains near significant support levels: 90.20 and 90.00, while limiting itself to a lateral trend.

Graph of the US dollar index. The current price is 90.20.

Hanzenko Anton