Analysis of the past day

On Tuesday, most currency pairs traded in different directions, which was caused by a change in market sentiment. So, at the beginning of the day, at the Asia-Pacific trading session, there was a growth of optimism about the actual lack of reaction of China to Trump’s recent statement about the possibility of new duties on Chinese goods. This caused a weakening of the dollar, but the weakness of the dollar did not last long. The growth of pessimism in the European trading session returned support for the dollar.

Stock indices also showed mixed trends following shifts in market sentiment (Nikkei 225 -1.60; DAX -1.80; FTSE 100 -1.60; Dow 30 -1.40).

The US dollar index during the day updated a low of 97.40 and a high of 97.70, thereby expanding the side channel of Monday, confirming market uncertainty and continuing to form a side triangle.

Fig. The US dollar index chart. The current price is 97.60 (10-year government bonds yield is the blue line)

Hanzenko Anton