State of the market. The US dollar is in uncertainty

At the beginning of the US stock exchange session, the US dollar demonstrates mixed dynamics against the main competitors. This situation on the market is connected with the reduction of stock exchanges, as opposed to the growth of the profitability of the US government bonds.

At the beginning of the US trading, the major US stock indices show a decline of -0.50%. See Quotations. In turn, the growth of the US government bonds on average is about + 0.12%.

The US dollar index has been moving in the narrow range for the last several hours after the daily minimum has been updated to the level of 89.54. It is worth noting that during the American session no significant economic data will be published, so the market can show very low dynamics in the course of American trading.

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

Alexander Sivtsov