Analysis of the past day

On Wednesday throughout the day, most of the major pairs demonstrated multidirectional dynamics. It should be noted a significant strengthening of commodity currencies, which was caused by the growth of optimism in stock indices and the cost of raw materials.

Stock indices were traded throughout the day with a strengthening, receiving support from the growth of optimism and from the reduction of tension in the trade opposition. (Nikkei 225-0.59; DAX 0.60; FTSE 100 0.70; Dow 30 0.30)

Despite the optimism, the US dollar index maintained a moderate dynamic at the opening of the day, additionally limited to weak US data. At the same time, lateral dynamics remained from 96.90 to 96.60. This acts as a slowdown for the uptrend of the American dollar.

Fig. The US dollar index chaer. The current price is 96.80 (10-year US government bonds yield is the blue line)

Hanzenko Anton