Analysis of the past day

On Friday, June 29, the dollar was under pressure on a significant increase in certain currencies. Thus, at the beginning of the day, pressure on the American dollar was exerted by the significant growth of the euro on the adoption of the migration law in the EU. After the pressure on the US dollar had the British pound on optimistic data on UK GDP. And at the end of the day, the pressure was exerted by the Canadian dollar, which received support from optimistic GDP data and a report from the Bank of Canada.

Stock indices throughout the day were trading with restraint positively, thereby putting pressure on the American dollar (Nikkei 225 +0.15, DAX +1.20, FTSE 100 + 0.60, Dow 30 +1.10).

At the end of the day, the American dollar completely lost his earned position on reducing the risks associated with the trade confrontation on Wednesday and closes the week at the opening level, limiting himself to reducing support levels: 94.60 and 94.40.

US dollar index Graph. The current price is 94.60 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton