Tuesday , June 15 2021

markets The Fed plans a new interest cut in December, the dollar at the highest level of 16 months

On Friday, the dollar reached the peak of 16 months in the currency basket after the US Federal Reserve announced it would leave unchanged key interest rates in the range of 2 to 2.25 percent but retained its plan to gradually tighten the CAP, increasing the likelihood of the transfer. This will also be the fourth interest rate this year, which will take place in the context of the emerging US economy, accelerating inflation and record-breaking employment. After the FED's announcement, interest rates on US two-year bonds rose to 2.777 percent, and the highest level was over 10 years.

"Our opinion is that the Fed intends to act constructively." Bankers do not want to be forced to persuade them, "said Tim Cortney, chief investment manager at wealthy advisers.

Central bankers expect that the gradual increase in the target range of interest rates will be consistent with the sustainable growth of economic activity, a strong labor market and inflation of 2% in the medium term.

Effect of choice

Analysts also estimate the results of Tuesday's congressional elections and their impact on US economic policy. The green dollar has sharply reduced its value due to the expectation that the vote will result additionalthey measures of fiscal stimulus are unlikely. On Friday, however, the dollar surpassed other currencies.


In Forex markets, the investor's focus is shifted to the differences between US monetary policy and other major economies. On Thursday, the euro depreciated against the dollar by 0.55% to 1.1361, while the British pound lost 0.49% of the value and traded at $ 1.306. This happened after the EC took over Italy's eyes for two years. The European currency also fell for the Japanese yen by 0.25% to 129.28 yen per euro.

On Friday cytpinta yaponcÿata valyta ce vazctanovand cppmccccccccccccc, cdcd after reaching the bottom of five weeks, ranging from 113.92 yen to 114.07 on the stock exchange. Thanks to dollar growth against the euro and the yen, the dollar index grew by 0.75 percent on Friday. The last time the index was 96.674.

On Friday morning, British pound fell by 0.1% to $ 1.3046. Bappeÿi Tova from nachaloto on the day of the biplane of the wake of the beginnings of the low prize of the w ithers 2.3% Avctpaliycÿiyat dolap is 0.2% of the value from the west opaceniyata ycilvane on nappezhenieto in the tapnosceni otnosheniya mezhdy CASHT and Kitay.

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