Analysis of the past day

On Wednesday, February 8, the US currency during the day showed a multidirectional dynamics against the main competitors, which was caused by a decrease in market risks. Optimism about the American persists, as confirmed by comments from representatives of the US Federal Reserve and the increase in the profitability of the US state bonds.

World stock indices continued to decline moderately during the day, keeping fears on the stock market, but without creating a panic among investors (Nikkei 225 +1.13, DAX -1.90, FTSE 100 -1.00, Dow 30 -0, 80).

Today, the minutes of the meeting of the Bank of England were published, in which it was reported about the possibility of a faster rate increase in the UK, which was perceived by the market very optimistically and radically changed the market’s attitude to the British currency.

The US dollar index today updated the maximum of the month, despite the mixed trends, keeping the upward trend in force, and indicating the possibility of further growth of the American.

Graph of the US dollar index. Current price – 90.00

Hanzenko Anton