Analysis of the past day

The volatility increased significantly on trading Thursday, it was due to the release of data on Brexit and the US-China trade negotiations. Thus, statements by British Prime Minister B. Johnson about the new trading plan returned optimism sharply for the pound, reducing the likelihood of a tough Brexit. The US dollar also showed significant volatility at the end of the day, thanks to a change in sentiment regarding trade negotiations.

Stock indices closed the day with growth on optimistic expectations regarding the US-China trade talks. (Nikkei 225 +0.45; DAX + 0.80; FTSE 100 +0.60; Dow 30 +0.90)

The US dollar index has noticeably weakened against a basket of competitors, updating the low at 98.70, despite optimistic expectations on trade talks. The weakening of the American dollar coincided mainly with the technical correction of the dollar positions before the trade negotiations at the highest level. The US dollar index is limited by support levels: 98.70 and 98.50; Resistance: 99.00 and 99.20.

Fig. US dollar index chart. Current price – 98.80 (10-year US government bonds yield – blue line)

Hanzenko Anton