Analysis of the past day

On Monday, trading in most major currency pairs were in different directions, which was caused by ambiguous statistics and a change in sentiment on stock exchanges. An additional factor of uncertainty at the start of the week was the expectation of US midterm elections.

Stock markets at the beginning of the week showed multidirectional dynamics, being the main driver of uncertainty in the market (Nikkei 225-1.63; DAX -0.10; FTSE 100 +0.30; Dow 30 +0.40).

The dollar index at the start of the day showed a mixed trend, which was caused by a change in sentiment on the stock markets and very positive statistics on the United States. As a result, the dollar index against the basket of competitors closes the day in the side trading range from 96.30-20 to 96.70-80.

The US dollar index chart. The current price is 96.40 (10-year government bonds  yield is the blue line)

Hanzenko Anton