State of the market: the market is adjusted after the growth of the dollar

At the opening of trading on Friday, the main currency pairs demonstrate a restrained strengthening against the US dollar, which closed Thursday’s trading with a widespread fortification. The exception was the British pound, which received support from risk reduction for Brexit amid rumors that Northern Ireland is ready to make a deal. Also, the Japanese yen shows weakness against the American dollar, which is associated with attempts to increase optimism in the stock markets.

The US dollar index from the start of the day remains under pressure from the correction against yesterday’s growth, limited to the growth of optimism in the market and the increase in the US state bonds profitability. Support levels: 96.20 and 96.00, resistance: 96.50 and 96.70.

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Hanzenko Anton

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