Analysis of the past day

On Thursday, April 26, the US dollar, after differently fluctuating on data from the ECB and weak statistics on the US, accelerated growth on the collapse of the state bonds and the growth of stock exchanges. That, in turn, returned optimism to the market of risky assets. At the same time, the main strengthening of the American fell on the common weakness of the euro after the press conference of Draghi.

Stock exchanges, with the opening of the American session, received significant support, which was caused by the easing of pressure from the US state bonds (Nikkei 225 +0.49 DAX + 0.50, FTSE 100 +0.40, Dow 30 + 0.80). As a result, the US dollar was replaced growth driver to the stock indices, which recently remained under pressure.

As a result, the US dollar index returned to an uptrend after a long flat, thus opening the way to resistance levels of 91.60 and 91.80.

Graph of the US dollar index. The current price is 91.50 (the yield of 10-year government bonds is a blue line).

Hanzenko Anton