State of the market: the American dollar is recovering with optimism
Trading on Tuesday show a restrained upward trend in stock indices from the start of the day. The US dollar also received a support amid renewed optimism, and resumed growth against a basket of competitors.
The US dollar index from the start of the day has shown growth on optimism, forming a rebound from the level of 98.20-10 and indicating the resumption of growth and the preservation of the upward trading channel. Resistance are marks: 98.40 and 98.50. The main driver of the American dollar’s strengthening remains the general positive market sentiment.
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Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- The U.S.-China trade agreement news
- The trade war risks are coming back
- Upward dynamics of gold, resumption of growth or correction before the decline
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