More and more experts from various financial institutions and banks are inclined to believe that the dollar expect even greater highs. There is no particular reason not to believe in such opinions, but sometimes in the foreign exchange market is going the other way around.
This is precisely the situation at this time. During a prolonged increase in the dollar, forecasts correction and return to the trend were heard in 80% of cases. Now it is becoming a familiar view that 1.2 dollars per euro – is a normal price. And the last generalized statements predict further growth on the business activity index and the legendary Non-Farm payrolls. Such predictions are real, given the previous too low values, but do not forget that it is the foreign exchange market and is often a reaction to the publication of the index is the exact opposite logic. Although this contrast can be attributed to the fact that the markets have already taken into account all.
The reality is that the bottom underfoot euro can be seen clearly, and to rely on the summer of 2012 the situation very sportingly.Follow us in social media: