USD : Going Through Worst Tumble in 10 Years – Time for a Rebound of Currency Exchange Rates / Money Exchange
With the US Federal Reserve resolution in October to start shrinking table. The market is expected to raise interest rates before the end of the year. Holding $ 3 trillion assets of the asset management industry is expected to fall into the worst decline in 10 years the dollar. The decline is close end. Currency Exchange Brisbane rate / Money Exchange Brisbane rate is at its best now.
Optimistic about the end of the Fed rate hike
Megon Capital Management Corp. State Street Global Advisors and UBS Asset Management believe that the original trader has not sent The prospectus will raise interest rates before the end of the year. But after the announcement of the announcement. The dollar is expected to regain hope. The expected decline in the dollar for six months. It will be able to get breathing. It will recover some of the decline this year.
Expert’s View on Market outlook of USD
Optimistic about the end of the Fed rate hike Megon Capital Management Corp. State Street Global Advisors and UBS Asset Management believe that the original trader has not sent The prospectus will raise interest rates before the end of the year. But after the announcement of the announcement, the dollar is expected to regain hope. The expected decline in the dollar for six months. It will be able to get breathing, and will recover some of the decline this year. There is still a variable in December. In addition to the previously released consumer price index (CPI). Recent inflation reports are mostly modest. Although the previous hurricane hit the US will only bring short-term economic impact. But still hurricane season, the threat from the hurricane is not divorced.
Futures Market Reactions
The futures market showed that the dollar’s interest was higher. Hedge funds and other large speculators held the US dollar short positions close to the highest water level since 2013. With the beginning of the year the dollar became the most crowded financial market transactions. The dollar long and short Expected translocation, the two form contrast. There are still many factors that will lead to the Fed will not be able to raise interest rates before the end of the year. In addition to the consumer price index (CPI) data released last week. The recent majority of the negative performance of the report. Association claims that the storm hit the United States so far Will only bring short-term economic impact.
Impact of Natural Disaster to the Future Market
The devastating hurricane season continues. In addition, the futures market shows that bearish dollar sentiment is still quite strong. Hedge funds and other large speculators holding the US dollar short positions close to the highest since the 2013 water level.
Read up on more Forex NEWS
Visit our Facebook Fanpage for more useful updates