Analysis of the past day
Stock indices throughout the day traded below zero due to risk retention and a significant overbought of American dollar (Nikkei 225 -0.73, DAX -1.30, FTSE 100 -0.00, Dow 30 -0.70).
Despite the restraint of the market, the American dollar managed to update the lows against the commodity currencies, which is due to the trade confrontation, but the dollar remained under pressure against safe harbor assets. The US dollar index is limited to resistance level 95.00. At the same time, investors’ attention is focused on the trade confrontation and sentiment, which continue to act as a market driver.
US dollar index Graph. The current price is 94.70 (the yield of 10-year government bonds is a blue line)