Analysis of the past day

On Wednesday, July 4, the US dollar closes the day on low activity and above the opening day, while earlier updating the monthly minimum. The reason for the resumption of American dollar growth at the end of the day was the closing of short positions on the dollar on a day off in the US. This eventually provoked a technical correction for the American dollar.

Stock indexes also did’ot become an exception and by the end of the day they changed positive dynamics to negative, thus supporting the dollar (Nikkei 225 -0.34, DAX -0.40, FTSE 100 -0.30, Dow 30 —).

At the end of the day, the American dollar closed the day in an uptrend, but with a minimum update. In the future, this may be a factor indicating the preservation of the downward dynamics of the American dollar.

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

Hanzenko Anton