Analysis of the past day

On Wednesday, November 22, the US dollar weakened across the entire spectrum of the market, which was caused by the negative opening of America’s stock indices and the correction of positions on the dollar before the Thanksgiving Day in the US. Thus, in spite of the weakening of the American, which basically fell on the American session, there is an increase in optimism in the market relative to world stock indices and raw materials.

As a result, the US dollar index, as expected, remained trading in the established trading range. And with the acceleration of sales of the American, the minimum of the last six days was updated. Despite this, the expectations for maintaining the movement of the dollar index in the channel from 93.400-500 to 93.900-94.000 remain. And considering the forthcoming decrease in the volume of trading, it is possible to expand the trading range like it was on Monday and Tuesday.

Hanzenko Anton