In the first half of the day, growth in quotations can be expected against the background of surplus of dollar liquidity in the interbank lending market in London. Libor overnight and LIBOR 3M rates showed a strong decline last week, while the annual rate renewed its historical minimum. Bankers reacted to the last meeting of the US Federal Reserve by cutting dollar rates, insofar as D. Powell promised not to change monetary policy for a long time.

In the afternoon, we should expect a decline in quotations, since the US Treasury will hold an auction for the placement of Treasury bonds and “take” $106.1 billion from the financial system, which will provide short-term support to the American currency.

Investment idea: Buy 1.2118/1.2095 and take profit 1.2157.