State of the Market: the market closes the quarter

On Friday, Asian stock exchanges are traded above zero, gaining optimism from the stabilization of geopolitical risks. At the same time, the market remains not very active at the close of the week and quarter. In addition, because of the Good Friday celebration, the market expects a long weekend. As a result, one should expect a decrease in activity, which was traced yesterday.

On the decline in activity, there is a growing demand for safe haven assets, which is due to correction after a week of optimism and before long weekend. At the same time, general trends continue to persist with an eye on the formation of flats.

The US dollar index is no exception and is traded in a sideways trend, despite an upward trend. In conditions of a decrease in liquidity, this dynamics is likely to continue, but from the new week it is necessary to expect the renewal of existing dynamics.

Graph of the US dollar index. The current price is 90.00.

Hanzenko Anton