Analysis of the past day

On Thursday, May 3, the US currency remained under pressure of correction during the day after the restrained results of the US Federal Reserve meeting, but at the same time it was limited to the existing upward trend.

Stock indices throughout the day were trading below zero, due to uncertainty and possible risks before the publication of the US employment report (Nikkei 225 -0.16, DAX-1.00, FTSE 100-0.60, Dow30 -1.30) . Together with the decline in stock indices, the commodity assets also were under pressure, from which the assets of the safe haven gained lost positions.

The US dollar index remained under pressure of correction throughout the day, but continued to trade in the trading range of Wednesday, which is likely to continue until tomorrow, while pending US data.

Graph of the US dollar index. The current price is 92.60 (the yield of 10-year government bonds is a blue line)

Anton Hanzenko