Analysis of the past day

On Tuesday, after modest growth throughout the day, the US dollar index rapidly weakened against a basket of competitors. The reason for this was the data on the preparation of a draft Brexit deal, which, in turn, supported the euro and the British pound. The weakening of the US dollar strengthened optimism on stock exchanges and returned positive sentiment to the market.

Stock indices close the day with growth, after a moderate opening of the day. This may serve as a reason for renewed optimism in the market as a whole (Nikkei 225 +1.90; DAX +1.40; FTSE 100 +0.10; Dow 30 +1.00)

The US dollar index closes the trading day near the support of 98.20 despite updating the high of the day at 98.60. This indicates the preservation of lateral dynamics for the American dollar and the general downtrend.

Fig. US dollar index chart. Current price – 98.30 (10-year US government bonds yield – blue line)

Hanzenko Anton