In the absence of important news, I propose to pay attention to the dynamics of the interbank lending market. In London, the benchmark three-month dollar LIBOR rate has renewed its historical minimum again, which is negative for the US currency.

In New York, as part of reverse REPO operations, commercial banks returned $1.07 trillion of excess liquidity to the Fed, which is also negative for the dollar. It should be noted that the Fed will substantially increase dollar liquidity in the financial system from Thursday to Friday, which also plays against the “dollar bulls”.

Trading recommendation: Buy 1.3755/1.3725 and take profit 1.3870.