Fed has raised interest rates for the third time since the financial crisis in March, and it is very likely that we will see two new increases in interest rates by the end of the year. If, of course, the US economy, the labor market and inflation are presented as expected. And this will most likely continue to be so...
What, however, has to excite investors in dollars, is if these expectations are set in the price of US dollar relative to other major currencies.
In addition, the Fed has already announced its plans to reduce its record balance, which will be another factor supporting the US currency.
The key to investors will be the evolution of geopolitical events. Deepening tensions between the United States and Russia in connection with the situation in Syria, as well as between the United States and North Korea, and the United States and China, will be other important topics for "green money".
No comments:
Post a Comment