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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Analysts expect the US dollar to continue to decline in 2018

    Rocky
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    • Post n°1

    Analysts expect the US dollar to continue to decline in 2018 Empty Analysts expect the US dollar to continue to decline in 2018

    Post by Rocky Wed 13 Dec 2017, 2:49 am

    [size=30]Analysts expect the US dollar to continue to decline in 2018[/size]
    13/12/2017 11:46 | Number of readings: 1
    font size:  Analysts expect the US dollar to continue to decline in 2018 Font_decrease  Analysts expect the US dollar to continue to decline in 2018 Font_enlarge
    Analysts expect the US dollar to continue to decline in 2018 Thumbnail.php?file=___________________________________________________337605963

    Trend Press / Agencies
     
     
     
    Analysts predicted that the US dollar will see further decline against the single European currency and the yen next year, as further economic growth and monetary tightening outside the United States.
     
    "The current economic growth in the euro zone, emerging markets and the rest of the world could trigger further selling of the green card," Irene Browne, a UBS analyst at Bloomberg, told Bloomberg on Wednesday.
     
    She added that the dollar could reach the euro to the level of 1.30 dollars in 2018, representing a decline of about 10.7% of the US currency, and expected the Japanese yen to achieve further gains against the dollar.
     
    Since the beginning of the year the US dollar has fallen about 7% against major currencies, the biggest decline in more than a decade.
     
    "Most people will not be surprised at the end of next year if the US currency is exposed to a significant drop, especially against the euro," said Daniel Katziv, a strategist at BNP Paribas.
     
    An analyst with Deutsche Bank said the yen was very cheap, pointing out that when it turned away, it would rise relatively sharply.
     
    "If the Bank of Japan moves towards monetary policy change, there is a huge chance of a big move for the Japanese currency," he said.
     
    Central banks have begun to tighten monetary policy. From January, the ECB will cut its bond purchases by 30 billion euros.
     http://aletejahtv.org/permalink/196239.html
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