- Home
- >
- >
- Possible fluctuations, but the dollar will remain strong, analysts say
Possible fluctuations, but the dollar will remain strong, analysts say
Rating:
Loading...Dollar up again once markets still raised its expectations for interest rate hikes around mid-year by the Federal Reserve. On Wednesday, traders were of a different opinion, after the minutes of the Fed, but today after Release for unemployment benefits, intensified speculation justifyveroyatnostta to raise rates increases.
"Investors are still trusting that the Fed will make the important step towards raising interest rates" listings Fabian Ellison.
According to CME Group Inc. the likelihood of an increase in the base rate in the US is 19% for this to happen in June and early December, according to them, the probability is 77%.
According to Mizuho Bank Ltd. in 2015 there may be fluctuations on the dollar, but the weakness will be temporary, but in the long term the greenback is likely to remain strong.
On the other hand, the European Central Bank will start buying government securities after 2 weeks, which is likely to weaken the single currency.
Overall investor expectations for 2015 are to increase interest rates by the US during the year. which is in favor of the dollar, while the launch of the program quantitative easing in Europe are against the Euro.
Varchev Finance
Varchev Traders
RECCOMEND
WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
