The main market’s drivers

The dynamics of the market resembles yesterday’s movement model, which responds to a lateral trend. An exception is the assets of the safe harbor, namely the Swiss franc, that is sold after yesterday’s yen sales. For the rest of the main pairs the dynamics of yesterday’s dynamics can be traced. It confirms the continuation of the positive dynamics in the stock markets and the growth of the US state bonds yield, that was also traced yesterday.

The US dollar index continues to be limited to the trading range of Tuesday from 94.30 to 94.70, which is likely to continue in the current conditions, thereby confirming the safety of the downward trend in the dollar, which may slow the further growth of the US state bonds.

The US dollar index chart. The current price is 94.70 (10-year government bonds yield is a blue line)

Andre Green

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

1. Prospects for the dollar by the end of September beginning of October 2018
2. The EU and the UK are making compromises on Brexit
3. Singapore dollar. Features of trade.

Current Investment ideas:

1. Preparing to have profits on an optimistic report of Alcoa Inc.!
2. On weak reporting of Boeing shares we can get a strong income!