Analysis of the past day

Friday trades closed the continuation of the decline of the US dollar across the market. Despite the persistence of risks of further exacerbation of the US – China trade confrontation, optimistic sentiments remain in the market, supporting commodity currencies.

Stock indices throughout the day were trading above zero for correction and a general increase in optimism. (Nikkei 225-0.16; DAX + 0.50; FTSE 100 + 0.60; Dow 30 + 0.30)

The US dollar index continued to decline against a basket of competitors on the decline of US government bonds yield. Further decline of the American dollar is limited by its oversold and support levels: 97.60 and 97.50.

Fig. The US dollar index chart. The current price is 97.70 (10-year government bonds yield is the blue line)

Hanzenko Anton