Analysis of the past day

On Wednesday, March 14, the US dollar was restrained steadily against the basket of major currencies, which was due to a decrease in political risks in the US and attempts to increase global stock exchanges. At the same time, the limiting factor for the American dollar was weak data on retail sales in the US.

Stock exchanges throughout the day showed multidirectional dynamics. Thus, the European session opened with the strengthening of stock indices on the recovery of optimism, but on the weak US data, the optimism of the market quickly exhausted itself (Nikkei 225 -0.87, DAX +0.10, FTSE 100 -0.10, Dow 30 -1.10 ). As a result, restrained negative sentiments returned to the market, which put pressure on risky assets.

The US dollar index, despite the correction, continues to be under pressure from the downward trend and geopolitical risks in the US.

US dollar index Graph. The current price is 89.80.

Ganzenko Anton