EURUSD - Trends, Forecasts and Implications (Part 3) - page 665
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Gold H4 and D to 1462 on breakout of 1456 and 1452 ( not an exact signal)
1462 on gold worked.
Gold H4 and D to 1462 on breakthrough of 1456 and 1452 (not an exact signal)
The signal is accurate, and not even for gold and maybe not a correction, and just the whole market wants to go down, the signal is accurate only because my brokerage company has not transferred money to my account for about half an hour, and usually within 2-3 minutes - apparently not up to me, apparently it is difficult for brokerage companies now ....
Good evening. Margot, what do you think about a possible increase in the discount (non-core) rate? I remember it was seriously strengthening the tank...
Good evening. Margot, what do you think about a possible increase in the discount (non-core) rate? I remember it was seriously strengthening the buck...
The authors of the most accurate currency forecasts believe that the US dollar will not be able to recover from its 16-month low against the single currency as the Federal Reserve is unlikely to raise interest rates after its $600-billion bond-buying programme ends in June.
Analysts at Wells Fargo and St. George Bank expect the dollar to continue trading at low levels until late June as the Fed lags behind the world's other major central banks in tightening monetary policy. After that, the US currency may begin to gradually recover its position against the euro and yen, Wells Fargo says.
Experts Schneider Foreign Exchange, Societe Generale and the Bank of Nova Scotia believe that after the U.S. currency in the first quarter showed the worst results since 2008, it will continue to weaken.
Strategists believe that the rise of the dollar, such as that seen after the end of the first round of quantitative easing in March 2010, will not. At that time the dollar index has added 10% in 2 months, which is largely explained by euro weakness due to the debt crisis in Eurozone.
Below are specialist forecasts for the EUR/USD pair.
Bank of Nova Scotia in Toronto: $1.45 (end of year)
Schneider: $1.42 (end of year)
Wells Fargo: $1.40 (end of June), $1.34 (year-end)
St. George: $1.38 (year end)
Societe Generale: $1.50 (end of year)
Bloomberg survey: $1.36 (year end)
The signal is accurate, and not even for gold and maybe not a correction, but the whole market just wants to go down, the signal is accurate only because my brokerage company has not transferred money to my account for about half an hour, and usually within 2-3 minutes - apparently not up to me, apparently it is difficult for brokerage companies now ....
Thank you. What about them? Will they lift?
Thank you. What about them? Will they raise it?
According to analysts at Mizuho Securities, the fact that the European Central Bank yesterday increased its key interest rate by 25 basis points to 1.25% does not yet indicate that the Federal Reserve will also rush to embark on a path of tighter monetary policy.
Experts note that ECB President Jean-Claude Trichet cited rising oil prices as the main reason for higher funding costs. The Fed, however, monitors other, less volatile indicators, notably core inflation, which does not take into account highly volatile food and fuel prices. The core US CPI added 0.2% in February compared to January.
Thus, the bank is confident that the ECB's actions will not prompt the Fed to raise rates, which will naturally have a negative impact on the dollar.
(This is from the archive)