Today, the Bank of Nw Zeeland raised the interest rate by 0.50 basis points to 3.50%. Relative to other central banks, this adjustment is on the low side. In addition, the ADP figures in the US came out. Increase in the
The euro has been trading below parity with the dollar for some time now. This has a lot to do with the strong dollar and with the trade deficit that the eurozone has had since the exploding energy prices. Aggressive interest rate hikes have not been able to change that. Especially because the markets do not believe that the European Central Bank will continue its aggressive policy, thinks Xueming Song, currency strategist at asset manager DWS. According to him, the ECB is seen as 'a weak central bank', compared to the German Bundesbank before the introduction of the euro. He points out that the central bank has never been bothered by inflation, but when that phenomenon finally manifested itself, it was immediately double-digit.
EURUSD : the Dollar takes over from the Euro as predicted this week. Above also described how specialists think about the Euro.
GBPUSD: The Dollar finally takes over the pair. This is synchronous with the rise of the Dollar.
#AUDUSD: the stronger Dollar affects this pair. A sell trade was executed on 0.64270
#USDCAD: the Dollar takes a lead in this pair to rise again. New buy deposited at 1.37322.
#USDCHF : a new buy deposited at 0.98936.
The euro has been trading below parity with the dollar for some time now. This has a lot to do with the strong dollar and with the trade deficit that the eurozone has had since the exploding energy prices. Aggressive interest rate hikes have not been able to change that. Especially because the markets do not believe that the European Central Bank will continue its aggressive policy, thinks Xueming Song, currency strategist at asset manager DWS. According to him, the ECB is seen as 'a weak central bank', compared to the German Bundesbank before the introduction of the euro. He points out that the central bank has never been bothered by inflation, but when that phenomenon finally manifested itself, it was immediately double-digit.
EURUSD : the Dollar takes over from the Euro as predicted this week. Above also described how specialists think about the Euro.
GBPUSD: The Dollar finally takes over the pair. This is synchronous with the rise of the Dollar.
#AUDUSD: the stronger Dollar affects this pair. A sell trade was executed on 0.64270
#USDCAD: the Dollar takes a lead in this pair to rise again. New buy deposited at 1.37322.
#USDCHF : a new buy deposited at 0.98936.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.