Analysis of the past day

On Wednesday, January 3, the US dollar almost completely managed to adjust against the decline on Tuesday. The reasons were the widespread decrease in European currencies due to correction and positive data on business activity in the US manufacturing sector. As a result, the US dollar index corrected to the level of Tuesday, but the downward dynamics of the index persists.

In turn, the dynamics of stock indices and commodity assets remain positive due to the growth of optimism regarding the strengthening of the world economy. The continued rise in prices for raw materials continued to support the commodity currencies, which limited the strengthening of the American.

The US dollar index is limited to resistance levels: 92.200 and 92.400, support: 91.800 and 91.600.

Graph of the US dollar index. The current price is 92.050.

Hanzenko Anton