The US dollar remains optimistic

The US dollar throughout the European session continues to strengthen across the entire spectrum of the market, which was caused by the growth of the profitability of the US state bonds and positive data on open vacancies in the US.

• The number of open vacancies in the labor market JOLTS (mar) was 6,550M, against the forecast of 6,020M, thereby updating the maximum since 2001.

At the same time, world stock exchanges, like most commodity assets and currencies, are trading below zero, due to the maintainance of fears and correction after growth

The US dollar index acts as an asset of a safe haven against the backdrop of an increase in the profitability of 10-year bonds, which are likely to be limited to a level of 3%. The breakthrough of psychology 93.00 by the American indicated the uptrend. Resistance levels: 93.50 and 93.80, support: 93.00 and 92.80.

Graph of the US dollar index. The current price is 93.20 (the yield of 10-year government bonds is a blue line)

Hanzenko Anton