MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

In the medium term, the position of the dollar may falter - Citi

analytics5c640fc47e403.jpg

Citigroup financial conglomerate experts believe that over the next three months, the dollar will be relatively stable, and then decline by 3-4%.

"Fundamental factors that support the demand for the American currency are weakening. The positive impact that financial incentives have on the US economy is likely to fade away. In addition, it is possible that long-term rates have already reached their peak," analysts said.

They believe that the yield curve of US state bonds will become more and more flat, which is why the greenback will be under pressure.

"It is assumed that in the medium term, the reduction of the yield differentials and the difference in the rates of the Fed and other central banks will start to play against the dollar. According to our estimates, over the next three months, the dollar exchange rate in relation to G10 competitors will remain almost unchanged, and in the next 6-12 months, it will fall by 3-4%," representatives of Citi said.

At the same time, they admit that in case of a sharp decline in risk appetite, the US currency is likely to regain the status of a defensive asset, which will support its course.

The material has been provided by InstaForex Company - www.instaforex.com