State of the market: the market keeps Friday mood

After very volatile Friday trading, which had a particularly pronounced effect on commodity currencies,  market continues to hold the same mood. At the same time, the main movement comes to strengthen  commodity currencies, which is caused by a weakening of the tension relative to the US trade war and the positive start of trading on the stock exchanges after  growth of quotations on Wall Street.

On the other hand, the assets of  safe harbor are also traded restrainedly, which is facilitated by the weakness of the US dollar. As a result, this movement in the future can cause a resumption of negative sentiment and flight from risks. The US dollar index is trading lower, remaining under pressure and confirming the safety of risks.

US dollar index Graph. The current price is 89.90.

Hanzenko Anton