Rolled metal from stock and to order
AZOVPROMSTAL
We offer competitive steel prices
+38 (097) 475-20-95
  • Sheet steel in Mariupol, Dnipro and Kiev
    There are more than 2000 tons of sheet products in the company's warehouse. Various grades of steel, including st45, 65G, 10HSND, 09G2S, 40X, 30HGSA and foreign analogues S690QL, S355, A514, etc.
  • Steel rental on order
    In the shortest possible time, we will produce any quantity of sheet steel of specified dimensions
+38 (097) 475-20-95

Investors are betting on the parity of the dollar against the euro

Investors are betting on the parity of the dollar against the euro
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

Comments 0

There are no comments yet.

Leave a comment

The form is protected against automated submissions.

Verification code
Verification code