State of the market. The US dollar stabilizes

The US dollar stabilizes its position at the beginning of the US stock session amid a fairly soft start of the stock exchanges. At the beginning of trading, the major US stock indices show a slight increase (Dow + 0.25%, S & P 500 + 0.18%, Nasdaq + 0.33%), also it is worth noting that the major European stock indices have lost some of the positions they earned and currently show average growth at the level + 0.60%, while in the middle of trading on Tuesday growth of quotations was about +1.10. See “Overview of the main drivers. Stock indices and oil. “

The US dollar index is still close to the lowest level of today’s trading, at 89.48. In case of fixing the index below the level of 89.40, the further decline of the index to the level of 89.00 is possible.

Fig. Graph of the US dollar index. The current price of DXY is 89.61.

Alexander Sivtsov