Analysis of the past day

On Friday, August 24, the US currency continued to decline across the market spectrum, remaining under pressure of rising optimism throughout the day. And by the close of the European session, it has come very close to the lows of the week on the comments of Federal Reserve Chairman Powell.

The stock exchanges traded with strengthening at the end of the day, completely ignored the new round of trade confrontation between the US and China (Nikkei 225 +0.82, DAX +0.20 FTSE 100 +0.25, Dow 30 + 0.50).

The US dollar index closes the week very volatile near the support level of 95.20. Closing the day below psychology 95.00 will indicate a more significant decline in the future.

The US dollar index chart. The current price is 95.20 (10-year government bonds yield is a blue line)

Hanzenko Anton