Analysis of the past day

On Monday, March 26, the US dollar index renewed the minimum of March on the correction of positions before the end of the month and quarter. At the same time, the pressure on the US dollar was paved by the risks associated with the trade war between the US and China, and the growing interest in risky assets.

On the growth of optimism, significant support was given to European stock exchanges, whose positive sentiments were successfully transferred to America (Nikkei 225 +0.57, DAX -0.40, FTSE 100 -0.10, Dow 30 +1.40). Strengthening of risky assets also had a positive effect on metals. The exception was oil, which remains in the correction phase after the maximum was updated.

As a result of trading  negative moods of Friday are traced on the US dollar index, which opened the way to the psychological mark of 89.00.

US dollar index Graph. The current price is 89.10.

Hanzenko Anton