The first week of April – we expect the dollar to weaken

2019-03-31

In the first week of April 2019, the dollar is expected to weaken. This is due to two factors: the weakening of the US position in trade negotiations with China, and everything that is already pretty annoying Brexit.

Questions in the negotiations the US and China are fixated on the fact that China has agreed to prescribe at the legislative level the right of access to the domestic market for American companies. Obviously, the conditions are not quite acceptable for the United States, so they extend the negotiations for weeks or even months.

The deputies of England will consider the third time Tereza May’s Brexit proposal under the guarantee of the Prime Minister’s resignation.
Brexit’s theme will be heard again on Monday, Parliament is obliged to consider civilian petitions that have collected more than 100 thousand signatures. For the abolition of Article 50, providing for a break in relations with the European Union, were more than 5 million citizens. Another 4 other options of civil will also exceeded the one hundred thousandth threshold. The petitions will be considered by the Parliament on an optional basis, since in fact the deputies have already voted for these proposals.

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