Friday 17 March 2017

Traders in the foreign exchange markets are looking for higher yields

The dollar continues to give up positions, as the profitability in the US is reduced from the maximum levels after the soft performance of the Fed. Currencies of developing countries have significantly strengthened against the US dollar (this growth stopped on Friday), while the trend for the G-10 currencies was moderate. The general mood is that the market is again in a temperate zone with a predominance of soft monetary policy, on the one hand, and political risk due to slower growth in the US and Europe, on the other. After the Fed left the point charts unchanged, and the "Freedom Party" failed in the elections in the Netherlands, short-term investor's fears were somewhat dissipated. Volatility in the foreign exchange market declined, which again gave investors a reason to look for higher yields.


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