Analysis of the past day

On Wednesday, April 25, the US dollar index continued to rise against the basket of major competitors, which was caused by the growth of the yield of the US state bonds and correction of positions against the euro before the publication of the ECB protocol. As a result, the dollar index managed to update the recent high.

Stock exchanges remain under pressure of growth of the state bonds and the withdrawal of investors into more stable assets (Nikkei 225 -0.28 DAX-1.30, FTSE 100 -0.80, Dow 30 -0.20), which also affected the general market sentiment and risky assets.

The dollar index remains in an upward trend, limited to overbought and receiving support from the US state bonds. Resistance levels: 91.20 and 91.40, support: 91.00 and 90.80.

Graph of the US dollar index. The current price is 91.20 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton