Analysis of the past day

On Wednesday, January 17, the US currency was traded in a very calm way, which was caused by the absence of significant drivers.

On the stock exchanges, trades were more active, which was caused by a decrease in the cost of raw materials and negative sentiments at the beginning of the day. Such sentiments were also transmitted to the European session. Quotes on Wall Street opened above zero, which was caused by the recovery of raw materials and optimism in the market (Nikkei 225 -0.35, DAX + 0.65, FTSE 100-0.50, Dow 30 +0.45).

If the US dollar and the market as a whole were traded very calmly, staying within the previous day due to the absence of significant drivers, then the Canadian trades were very volatile due to the decision of the Bank of Canada to raise rates. At the same time, the dynamics of the American currency remains in the sideways trend squeezed by recent extremes.

Graph of the US dollar index. The current price is 90.30.

Hanzenko Anton