State of the market. The US dollar eased the grip

The US dollar retreated from its maximum marks against the basket of currencies during Thursday’s trading. In general, this decline in the US dollar was due to a partial profit-taking by investors after the strengthening of the US currency the day before, which was facilitated by the publication of the FOMC protocols. For more information, see “Analysis of the US Trading Session.“

At this time, additional pressure on the US dollar is exeted by a positive start to American stock exchanges. The main US stock indices at the beginning of trading on average add to the quotes of about + 0.68%.

At the moment, the US dollar index lost almost all the earned positions during yesterday’s trading, which opened yesterday at 89.63.

Fig. Graph of the US dollar index. The current price of DXY is 89.71.

Alexander Sivtsov