Mar. 28: American session
Tatiana Norkina, FBS analyst
The U.S. dollar index recovered somewhat today (80.30, +0.03 %), after the publication of the consumer sentiment index according to the University of Michigan. The figure came below analysts expected (80.0 vs. 80.5; previous value - 79.9). Major U.S. stock indexes also grow: S&P500 - +1.00%, DJIA - +0.91%.
Against this background the pair EUR/USD grows, it jumped to 1.3770 resistance from today's minimum 1.3700. GBP/USD pair recovered to yesterday's maximum in the 1.6640-1.6645 area.
Currency pair USD/CHF finally broke through 0.8870, but tested the 0.8900 figure, immediately collapsed to 0.8850 support. The explosion of bullish sentiment occurred on the pair USD/JPY. After the pair consolidated above the 102.00 figure, Bulls entered the game. They restored the course to around 102.80 mark, breaking an important level of 102.60.