Analysis of the past day

At low liquid trading on Friday, the US currency accelerated decline across the entire spectrum of the market, which was caused by continued fears of rising inflation in the US. As a result, the pair EUR /USD renewed a maximum of two months, thereby giving a signal to resume the annual uptrend. The weakening of the US dollar is caused by the growing fear of a slowdown in inflationary pressures and due to the protracted weekend in the US, forced investors to sell the American currency.

Recommended for reading: State of the market: the dollar accelerated decline.

Hanzenko Anton