State of the market. The American resumed growth

The US dollar resumed growth against the basket of currencies during the European session. The main support for the US currency is provided by the growth of profitability of the US government bonds. At the moment, the growth of bonds on average is about + 0.35%.

The US dollar index is recovering during the US trades on Tuesday, while repeating the dynamics of yesterday’s movement. The basic levels for the index reversal should be considered at the marks 89.92, 90.00.

Fig. Graph of the US dollar index. The current price of DXY is 89.65.

Alexander Sivtsov