Analysis of the past day

On Wednesday, trading on the market took place in different directions following a change of mood. From the start of the day, optimism has been growing in the market, which has increased the demand for risky assets and the US dollar. But in the afternoon, the mood changed to the opposite, which was caused by a number of factors.

Stock indices traded in different directions, reflecting market sentiment, closing the day with a restrained decline in maintaining the risks of a trade war. (Nikkei 225 -0.41; DAX +1.00; FTSE 100 +0.40; Dow 30 -1.00)

The US dollar index, after trying to grow, lost all points earned on criticism of the US Federal Reserve’s monetary policy by the US President D. Trump. As a result, the US dollar index updated a low at 97.30. This indicated a decrease in the likelihood of strengthening the American dollar and an increase in the possibility of forming a side channel from 97.30 to 97.80.

Fig. The US dollar index chart. Current price – 97.50 (10-year US government bonds yield – blue line)

Hanzenko Anton