Analysis of the past day

On Tuesday, September 4, the US currency accelerated growth across the market spectrum on the resumption of activity in the market and the preservation of risks of the US trade confrontation. Additional support for the American dollar was provided by data on business activity.

Stock indices throughout the day, despite attempts at growth, in the Asian session, traded mostly below zero (Nikkei 225 -0.10, DAX-0.80 FTSE 100-0.50, Dow 30 -0.15). The driver of negative sentiment continues to be the risks of trade confrontation.

The US dollar index at the end of the day has updated the maximum of the week at 95.70, thereby confirming the reversal of the downtrend and opening the way to the resistance level of 96.00.

The US dollar index chart. The current price is 95.60 (10-year government bonds yield is a blue line)

Hanzenko Anton