Analysis of the past day

On Thursday, May 24, the US dollar index continued to decline against the basket of major competitors, remaining under pressure from the Fed’s pessimistic protocol, published yesterday. Additional pressure on the American was exerted bz weak data on employment in the US and the possibility of resumption of the trade confrontation of the United States.

Stock markets also did not become an exception and continued to decline on the growth of pessimism in the market and the flight of investors from risks (Nikkei 225 -1.11, DAX -1.30, FTSE 100-0.90, Dow 30 -1.00). Oil also remained throughout the day under pressure from general negative sentiments and concerns over the oil market.

The dollar index at the end of the day has updated the minimum level of 93.60, but still remains in an uptrend, which keeps the dollar growing.

Graph of the US dollar index. The current price is 93.70 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton