The US currency is under pressure of the weak US data

The publication of a record deficit in the US trade and a fairly high number of applications for unemployment benefits increased the pressure on the American. For more information on the US statistics, see the News Feed.

Thus, the main negative factor putting pressure on the US dollar remains the growth of the deficit of trade in the US goods, which in turn keeps fears on the growth of the trade balance deficit. As a result, the profitability of the state bonds resumed the decline, which puts pressure on the US currency. Low market activity and oversold of the American can act as constraining factors for the further decline of the American.

The support levels for the US dollar index are levels: 92.500 and 92.400.

Graph of the US dollar index. The current price is 92,550.

Hanzenko Anton