The US data

The published news block on the US was very mixed.

• Thus, orders for durable goods in the US for December rose, giving positive signals about the possibility of rising inflation.
• However, preliminary data on the US GDP for the fourth quarter remained at the same level of 2.6%, indicating the possibility of a slowdown in the US GDP growth.

Also, these figures are significantly higher for the same period of the last year.

Ambiguous data on the US had a restrained pressure on the US dollar index and continue to exert pressure on the dynamics of the US state bonds. Regarding world currencies: the US dollar is traded near the global lows, but is limited to correction.

The US dollar index is still in the correction phase, despite the mixed data on the US. Support for the American is provided by its oversold and some political uncertainty in the comments of the US representatives. Also, the American index keeps the morning trading range, trading within the limits of yesterday.

Graph of the US dollar index. The current price is 88.80.

Hanzenko Anton