The US Federal Reserve will triple the volume of redemption of Treasury bonds today, which may have a negative influence on the value of the American currency. Despite all the concerns of investors about the curtailment of stimulus in the United States, the Federal Reserve continues to actively issue dollars and increase the liquidity surplus in the financial system.

An upward trend in the oil market will exert additional pressure on the dollar rate, inasmuch as black gold and the US currency have been historically traded in antiphase. The pause in negotiations on the “Iranian nuclear deal” has a beneficial effect on oil prices, which are at a two-year maximum now. Despite the rise in prices, OPEC+ is in no hurry to increase production and maintains a shortage of supply on the world market.

Trading recommendation: Buy 1.3920/1.3895 and take profit 1.4000.