Analysis of the European trading session
Trading on Wednesday closed very differently and restrained, becauseof a day off in the US. As a result, trading on Wednesday closed at the opening day on most major currency pairs, confirming the low activity and liquidity of the market.
Earlier, the US dollar index at the end of the Asian session of Wednesday updated the minimum of the month at 94.40. thus pointing to the preservation of the downward dynamics of the American dollar, which is limited by the indecisiveness of the market and the US dollar oversold.
The US dollar index chart. The current price is 94.40 (the yield of 10-year government bonds is a blue line)
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Andre Green