Author Archives: Vadim

September 21-25, 2020. Dollar strengthening is likely

2020-09-20

The trends of the pound and yen are likely to continue in the coming week. It is determined by the politics within the countries. Analysts expect the first steps from the new Japanese prime minister, the defeat of Boris Johnson, who is trying to violate the already signed provisions of the Brexit agreement, and clarity… Read More »

September 7-11, 2020. Instability

2020-09-06

Falling stock markets traditionally increase the demand for dollars. Big investors are now selling technology stocks ahead of the US elections, amid uncertain predictions about the next president. The gap between Trump and Biden has suddenly narrowed, and this is bringing instability to the markets. The next – unpredictable factor of the coming week –… Read More »

August 31 – September 4, 2020. Kaleidoscope of events

2020-08-30

At the end of the next week, data on the US labor market will be published. However, expectations of a decline in US unemployment and job growth could lead to the dollar strengthening against major currencies. In addition to macroeconomic factors, the technical factor of the proximity of the three-year lows of the dollar index… Read More »

August 24-28, 2020. Temporary drop in demand for the dollar

2020-08-23

The strengthening of the dollar in the coming week is likely to end and the growth of European currencies will begin.The main reason for the weakening of the US currency will be the agreement between Congress and the White House on the aid package. House Speaker Nancy Pelosi made such a promise at the Democratic… Read More »

August 17-21, 2020. Flat major currencies. Oil price

2020-08-15

The second wave of the epidemic began in Europe. Against this background, the dollar strengthened slightly, and market players began to have hopes for a trend change. But the statistics came as an unpleasant surprise.If the latest US data could be interpreted as an improvement in the country’s economic condition, then the retail sales indicator… Read More »