Analysis of the past day

On Wednesday, trading in the foreign exchange market closed with a decrease in the dollar index against a basket of competitors. The main decline of the American dollar was traced with the euro and commodity currencies, which was caused by the growth of optimism in the market and data on the possibility of reducing the Italian budget deficit. As a result, the growth of optimism in the stock markets and the general strengthening of optimism became the main factor for the decline of the American dollar.

Stock indices close the trading on Wednesday above zero on the resumption of optimistic sentiment (Nikkei 225-0.25; DAX +0.90; FTSE 100 +0.80; Dow 30 +0.40).

The US dollar index closes the day with a restrained decline with the minimum at 96.50, indicating a downtrend, but still hoping for a correction, remaining above the level of 96.20-00.

The US dollar index chart. The current price is 96.60 (10-year government bonds  yield is the blue line)

Hanzenko Anton