Investors expect the dollar to catch up with the euro in the coming months. The currencies of major emerging markets are also falling. Decisive for further development should be, in addition to Trump's economic policies, the question of whether and by how much the Fed will raise the rate in the future.
The upward trend in the dollar began after the victory of Donald Trump in the US presidential election, and also continued this week. Before the November 8 elections, the euro was given about $ 1.10, and currently the price is about $ 1.05.
Many foreign exchange traders expect that the coming years will see a marked period of strengthening of the US dollar against other currencies. In response to the appreciation of the currencies of the major emerging economies, the Japanese yen fell against the dollar to an 8-year low of 112 yen over several days. The Chinese yuan is not that low, but fell to 6.9 yuan against the dollar. Among the currencies that have clearly become cheaper are the Indian rupee, Vietnamese dong, Turkish lira and Philippine pe
Investors are betting on the parity of the dollar against the euro
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Azovpromstal® 26 November 2016 г. 13:02 |
