April 8 – 12. Strengthening dollar


The political and economic events of the coming week suggest a strengthening of the trend towards the strengthening of the US dollar against major currencies. Investors will move funds into Fed bonds due to the high likelihood of the UK leaving the EU on April 12 without an agreement.

Additional demand for the US currency will provide certainty in the timing of the end of negotiations with China. The US president publicly assured investors that the trade agreement would be signed by the PRC leader in three to four weeks.