Thursday, February 22, 2018

The US dollar continues to strengthen in the foreign exchange market after it reached new lows last week. The dollar index DXY, reflecting its value against the basket of 6 other currencies, is growing for the third consecutive day. At the beginning of the European session, the futures on the DXY index traded with an increase near the mark of 89.50.

The growth of the dollar is also promoted by the growth of the yield of US Treasury bonds, which is close to the highs observed last week. The yield on 10-year Treasury bonds rose to 2.92% on the eve of the first trading day in the US this week. On Monday, US markets were closed due to the day off (President's Day).



from MQL5: Traders' Blogs http://ift.tt/2EGBT6C

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