Analysis of the past day

On Friday, at the close of the week and the month, the US dollar returned to a decline in the correction of positions. The reason for the decline of the American dollar was the expectation of the results of the negotiations of the leaders of the USA and China within the framework of the G20 summit. It forced many market participants to take a waiting position on the growing uncertainty around the US-China trade relations.

Stock indices throughout the day were trading mostly above zero, especially in the afternoon. This was caused by an increase in market optimism (Nikkei 225-0.29; DAX +1.10; FTSE 100 +0.20; Dow 30 +0.20)

The US dollar index on optimism and expectations of trade negotiations came under the pressure, which slowed down the upward correctional trend, but continued to trade in a flat near three-month lows. By this, he pointed out the uncertainty and renewed the potential for decline on returning to the 96.00 mark.

Fig. The US dollar index chart. The current price is 96.10 (10-year US government bonds yield is the blue line)

 Hanzenko Anton