State of the market

Trades on Thursday remain very restrained after a mixed direction on Wednesday. So, trading on the Asian-Pacific markets are above zero after the mixed closing of trades on Wall Street. At the same time, there is a very high level of optimism in the market caused by the growth in oil prices due to positive data on the US and the worsening situation in the Middle East. Support for stock indices is also provided by a corporate puffiness, which markedly increased optimism in the market.

Major currencies at the beginning of the day remain very low-key except for the currencies of the Asia-Pacific region, which are traded depending on the published news. At the same time, the US dollar index is clamped in the range of 89.70-50, which corresponds to a significant resistance, thus indicating the preservation of the downtrend, which has slowed significantly.

Graph of the US dollar index. The current price is 89.60.

Hanzenko Anton