Analysis of the past day

Friday trades were marked by the sale of US currency on the renewed optimism. The main driver for the sale of the dollar was the decline of the US state bonds yield and the preservation of political risk in the US.

Stock indices close the day in positive gains on the decline in overall pessimism and growth in demand for risky assets (Nikkei 225 -0.42; DAX +2.00; FTSE 100 +2.30; Dow 30 +0.20).

The US dollar index closes the week near the lows of the week and month at the level of 96.20, confirming the tendency to decline, but limited to oversold, while limiting to support levels: 96.20 and 96.00, resistance: 96.50 and 96.70.

The US dollar index chart. The current price is 96.40 (10-year government bonds yield is the blue line)

Hanzenko Anton