The US dollar is stable

The US dollar suspended its strengthening against the basket of currencies during the US session after rising in European trades. Some uncertainty was added by the mixed statistical data on consumer confidence in the US.

• According to published preliminary data, in January, the consumer sentiment index from the University of Michigan declined to 94.4, against the previous value of 95.9.
• The consumer expectations index from the University of Michigan in January was marked by some increase and amounted to 84.8, against the previous value of 84.3.

Also, mixed and rather restrained dynamics of US stock indices has an impact on the course of trading, with an average deviation of 0.12%. See Quotations.

The US dollar index is traded in the flat range, remaining near the January low at 89.96.

Fig. Graph of the US dollar index. The current price of DXY is 90.30.

Alexander Sivtsov