Eur/Usd & Gbp/Yen analizy i prognozy by crocopip part 3
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- Gaduła
- Posty: 208
- Rejestracja: 26 lip 2010, 15:13
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- Gaduła
- Posty: 208
- Rejestracja: 26 lip 2010, 15:13
z ostatniej chwili
The Fed will continue its extremely expansionary monetary policy for a long time. Our Fed watcher now expect the US central bank’s first rate step for Q1 2012. That has an effect on our exchange rate outlook: We now do not expect a renewed significant down-trend in EUR-USD for mid 2011 but only for the end of that year; while USD-JPY is likely to remain under pressure for the time being. As a result the outlook for other currency pairs will also have to be adjusted.
The Fed will continue its extremely expansionary monetary policy for a long time. Our Fed watcher now expect the US central bank’s first rate step for Q1 2012. That has an effect on our exchange rate outlook: We now do not expect a renewed significant down-trend in EUR-USD for mid 2011 but only for the end of that year; while USD-JPY is likely to remain under pressure for the time being. As a result the outlook for other currency pairs will also have to be adjusted.