Analysis of the past day
On Thursday, April 19, the US dollar demonstrated multidirectional dynamics due to the uncertainty of the market and the mixed dynamics of world stock indices. The statistics published today turned out to be very weak, which caused a general decline in sentiment in the market.
Stock markets by the end of the day moved into the red zone, although the day started very optimistically (Nikkei 225 +0.15 DAX -0.10, FTSE 100 +0.10, Dow 30 -0.10). The positive dynamics of oil did not support the stock indices, but contributed to the strengthening of some commodity currencies.
The US dollar index during the day showed a moderate dynamics in the range from 89.50 to 89.70, while remaining near the upper boundary of the downward channel, which indicates a slowdown in the existing dynamics and in the future can become the basis for an uptrend.
Graph of the US dollar index. The current price is 89.60.
Hanzenko Anton