Analysis of the past day

On Monday, trading in all major markets opened lower, which was caused by the resumption of the US and China trade conflict risks, the possibility of easing sanctions against Iran and general preservation of risks in Italy and Brexit. Against this background, the US currency and the Japanese yen gained support as safe harbor currencies.

Stock exchanges traded far below zero throughout the day, which was caused by persisting concerns about the US-China trade opposition (Nikkei 225 —; DAX-1,00 FTSE 100 -1.00; Dow 30-0.00).

The US dollar index on the results of Monday’s trading slowed down the decline on the correction, and tested the resistance level of 96.00, thereby breaking the corrective movement and indicating that the potential for growth remains. But the US dollar index continued to be limited to significant psychology 96.00, support settled at levels: 59.70-80 and 95.50.

The US dollar index chart. The current price is 95.90 (10-year government bonds yield is the blue line)

Hanzenko Anton