Analysis of the past day

On Monday, trading was very restrained for most major currency pairs. The exception was commodity currencies, which are strengthened by reducing trade risks. Also throughout the day, the British pound received a support from the UK data. But towards the end of the day, it slowed growth on the retention of political risks.

Stock indices throughout the day were traded in different directions, mainly maintaining growth. They slowed the pace of strengthening on overbought conditions and the lack of drivers for strengthening. (Nikkei 225 +0.56; DAX +0.20; FTSE 100 -0.80; Dow 30 +0.30)

The US dollar index fell by the end of the day, returning to Friday’s lows at 98.20, but still continues to trade sideways, resuming signs of a further decline.

Fig. The  US dollar index chart. Current price – 98.20 (10-year US government bonds yield – blue line)

Hanzenko Anton