Analysis of the past day

On Thursday, according to the results of trading on the market, there is a sharp change in mood. So, thanks to the publication of the  ECB meeting results and inflation data in the USA, high volatility was traced on the market, which depended more on the dynamics of the US dollar and the euro.

Stock indices slowed growth on increased activity in the foreign exchange market. It also contributed to lower demand for commodity currencies. (Nikkei 225 +0.75; DAX +0.10; FTSE 100 -0.10; Dow 30 +0.10)

According to the results of the day, the US dollar index showed multidirectional movements, updating the daily high at 99.00 and the low at 98.30, eventually returning to the level of 98.50, actually continuing to be limited to a flat decrease from 98.50 to 98.20.

Fig. US dollar index chart. Current price – 98.50 (10-year US government bonds yield – blue line)

Hanzenko Anton