Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
Market Analysis by Vistabrokers
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Vistabrokers, post: 76248, member: 32993"] [B]Vista Brokers: Dollar Rose against Currency Basket[/B] [IMG]http://s017.radikal.ru/i442/1501/f7/48682b7158e2.png[/IMG] On Tuesday, the US dollar rose against its major competitors. Market participants finished to take a lead from the Friday ambiguous data on US labor market and shifted their attention to the fact that the US economy is in clearly better situation than another world major economies. In this regard, investors expect that this year the Fed will raise interest rates. The dollar has risen against a currency basket in seven of the last eight trading sessions and has a good chance to finish a fourth straight week with the growth. Vista Brokers analysts point out that the positive investor tone against the dollar is limited by the reduction in oil prices, which in June, 2014 hav lost more than 50% of the value. Today, oil futures were traded at six-year lows, and fears of further decline still reserved. However, it seems that the dollar at the moment remains a better investment than most other major currencies. On Tuesday, the euro was traded at 9-month lows against the dollar. The additional pressure on the single currency had an expectation of further economy stimulation steps by the ECB. Also Deutsche Bundesbank lowered its forecasts for the euro. Now the regulator expects the single currency to reduce to $ 1.10, $ 1.00 and $ 0.90 by the end of 2015, 2016 and 2017, respectively. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…