Analysis of the past day

On Wednesday, trading in the foreign exchange market remained limited to the expectations of the US Federal Reserve monetary policy meeting results. As a result, many market participants preferred to take a waiting position. The Canadian dollar and the British pound became an exception in the moderate trading on Wednesday. The first received a support from positive data, and the second – on correction and rising oil prices.

Stock indices throughout the day were traded in different directions, maintaining uncertainty on risks and waiting for data on monetary policy in the United States. (Nikkei 225-0.81; DAX + 0.50; FTSE 100-0.80; Dow 30-0.00)

The US dollar index was traded in the sideways channel from 98.00 to 98.10 throughout the day, maintaining restraint before publishing the US Federal Reserve meeting results.

Fig. The US dollar index chart. The current price is 98.10 (10-year US government bonds yield is the blue line)

Hanzenko Anton