Analysis of the past day

On Monday, April 23, the US dollar continued to rise against the basket of major competitors on the update of the maximum yield of the 10-year state bonds and weakness of the main competitors, which was also caused by a decrease in raw materials.

Stock markets at the beginning of the day showed a restrainedly positive dynamics on the growth of the dollar (Nikkei 225 -0.27 DAX + 0.10, FTSE 100 +0.30, Dow 30 -0.10), but in most cases the stock exchanges remain very reserved, to support the dollar.

The US dollar remains in significant overbought across the entire spectrum of the market, which may cause correction, but the market expects drivers to move in this direction.

Graph of the US dollar index. The current price is 90.70.

Hanzenko Anton