2016 is that the US Dollar is confident of the growth, supported by two important events that have taken place in the last two months – those updated plans to the Fed more active interest rates increase in the new year of 2017 and the beginning of a new program, D. Trump, directed on the support of the national producers.
In the last days of the year, the US Dollar fell under the residual item, what partly of profits is associated with the fixation of the investors at the end of the year, the approach of the Balance. But the reason for this is the traditional increase in activity from short-term speculators, раскачивающих market in search of yield due to lack of a large number of players. Christams movements to take into account the foreign exchange market as nothing to do with the General expectations of the bidders, the two most important factors are not supported.
In our opinion, these fluctuations you have to be for the shopping of the dollar, the still attractive because of the above-mentioned perspectives. The Situation could change dramatically in favor of the US currency only when new economic data in the year 2017, the same weak, as it was in the beginning of this year.
The market is already over, took account of the perspectives in their expectations for the growth rates and economic program Trump. But, he noted, only promises, such as the Fed and Trump, and now you have to wait in life. Therefore, probably, for a period of consolidation, perhaps with a slight appreciation of the US dollar is set to continue until 20 February, when entry into office of D. Trump and published Details of its programs of fiscal stimulation of the economy. This can buy a further Signal for the markets, the Dollar on the renewed wave of sales of government bonds of the US Treasury and the repayment of capital in the United States.
In summary, this year we find that he is still the General trend of the Central Bank of the United States to normalize monetary policy and raised the interest of market participants to the American currency.
Forecast of the day:
EURUSD broke above the level of 1.0600 on short-term speculative purchases. We believe that any growth you need to fumes for their sale. A break of 1.0525 with the result that the price may fall, to reduce 1.0430 with a further perspective to 1.0340.
The USD / JPY turned up and overcame the level of 116.65. So our forecast was right. The price, a character form the continuation of the trend of the “falling flag”, can realize their growth couples first to 118.50, and then at 119.00.
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