Analysis of the past day

On Friday, May 18, the US dollar index continued to grow across the entire spectrum of the market, despite the correction of the yield of the US state bonds and stock indices. Support for the American was provided by weak data ton the euro zone trade balance and inflation data in Canada.

Stock indices in Europe went to the negative zone on the correction of positions before the weekend and growth in demand for safe assets (Nikkei 225 +0.39, DAX -0.40, FTSE 100 -0.30, Dow 30 +0.05). The growth in demand for safe assets also affected oil, causing a correction before the weekend.

The US dollar index closes the next week with growth, but in the conditions of correction before the weekend, the American also went on a decline. In turn, the American is limited to the trading range from 93.80 to 93.40.

Fig. US dollar index. The current price is 93.60 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton