Analysis of the past day

The week closed with the recovery of the US dollar index, which was caused by a correction in dollar positions before the weekend and an increase in optimism in the stock markets. The American was also supported by the US data.

Stock exchanges during the day traded with strengthening after a two-day collapse (Nikkei 225 -0.56 DAX + 0.05 FTSE 100 +0.10; Dow 30 +1.20), which was the reason for the optimistic data on China.

Against the background of the recovery of optimism and positive statistics for the United States, the US currency corrected significantly against yesterday’s decline, which mostly fell on the European currency. The dollar index retreated from the support of 95.00 and tested the resistance of 95.30, but is likely to be limited to the existing trading range and downtrend.

The US dollar index chart. The current price is 95.20 (10-year government bonds yield is the blue line)

Hanzenko Anton