Analysis of the American Trading Session

The US session closed very ambiguously on Wednesday, despite the increase in the rates of the US Federal Reserve. Despite the optimism of the Fed, US President D. Trump’s statements remained the risks for the US currency, who continued to inflame relations between the US and China, which ultimately limited the upward dynamics of the dollar on the positive statements of the US Federal Reserve.

As a result, the US dollar index closed the trading on Wednesday at the highs of the week. The growth of the dollar is evident at the Asian session of Thursday and is likely to intensify with the opening of European trading floors.

The US dollar index chart. The current price is 94.50 (10-year government bonds  yield is a blue line)

Read also: ” How to trade with the help of CCI and Stochastic indicators “

Andre Green

Earn with the help of the trade service on the news Erste News!

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