{"id":172166,"date":"2020-06-15T08:58:19","date_gmt":"2020-06-15T12:58:19","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=172166"},"modified":"2020-06-15T08:58:19","modified_gmt":"2020-06-15T12:58:19","slug":"the-us-currency-is-in-the-positive-zone-4","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/06\/the-us-currency-is-in-the-positive-zone-4\/","title":{"rendered":"The US Currency Is in the Positive Zone"},"content":{"rendered":"
June 15, 2020<\/div>
\r\n<\/div><\/div>

by JustForex<\/a><\/strong><\/p>\n

Since the end of last week, the US dollar has been growing against a basket of currency majors. The US dollar index (#DX) closed in the positive zone (+0.59%). Demand for risky assets has significantly weakened amid investors’ concerns about a possible second wave of coronavirus. In the United States, the incidence rate for COVID-19 has reached 2 million. Financial market participants are worried that the second wave of the virus could do even more harm to the global economy.<\/p>\n

The British authorities officially announced that they would not seek an extension of the Brexit transition period and would complete the country’s exit from the EU on January 1, 2021. On January 1, 2021, the British authorities will regain control of the country, as well as political and economic independence. British Prime Minister Boris Johnson has repeatedly stated that he did not intend to extend negotiations on further relations between the EU and the UK, even despite the coronavirus, which complicates many processes and the country’s economic situation.<\/p>\n

The “black gold” prices have continued to decline. Currently, futures for the WTI crude oil are testing the $35.65 mark per barrel.<\/p>\n

Market indicators<\/h2>\n

On Friday, there was the bullish sentiment in the US stock market: #SPY (+1.20%), #DIA (+1.87%), #QQQ (+0.79%).<\/p>\n

The 10-year US government bonds yield has been growing. At the moment, the indicator is at the level of 0.67-0.68%.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n
The news feed on 2020.06.15:<\/div>\n