Analysis of the past day

On Wednesday a restrained strengthening of the US dollar against a basket of competitors was traced throughout the day. The technical correction and the growth of optimism in the background areas continued to be the reasons for the recovery of the American dollar .

Stock indices received support from positive sentiment ahead of the G20 summit throughout the day. (Nikkei 225-0.51; DAX + 0.05; FTSE 100-0.10; Dow 30 +0.20)

The US dollar index was trading at the end of the day with a moderate strengthening near the resistance level of 96.30. The reason for the resumption of the decline of the American dollar was another criticism of Trump towards the Fed and the EU, against which the negative sentiment on the US currency resumed. It can bring the American dollar back to 96.00 support.

Fig. The US dollar index chart. The current price is 96.20 (10-year US government bonds yield is the blue line)

Hanzenko Anton