Analysis of the past day

On Monday, trading in most major currency pairs took place in different directions. The US dollar retreated from the of last Friday lows for the correction and the overall sale of the British currency. The British pound at the end of the day showed the greatest decline in the growth of pessimistic sentiment regarding the UK economy.

Stock indices are showing predominant growth, despite signs of a slowdown in China’s economy. (Nikkei 225 —; DAX + 0.60; FTSE 100 + 0.50; Dow 30 +0.00)

The US dollar index retreated from the Friday low on correction, but continued to be limited by the downtrend and the resistance level of 97.00, while maintaining the potential for decline on the resumption of pessimism around the US rate cut.

Fig. The US dollar index chart. The current price is 96.90 (10-year US government bonds yield is the blue line)

Hanzenko Anton