Bloomberg: dollar expects long-term growth in 2016 - ForumDaily
The article has been automatically translated into English by Google Translate from Russian and has not been edited.
Переклад цього матеріалу українською мовою з російської було автоматично здійснено сервісом Google Translate, без подальшого редагування тексту.
Bu məqalə Google Translate servisi vasitəsi ilə avtomatik olaraq rus dilindən azərbaycan dilinə tərcümə olunmuşdur. Bundan sonra mətn redaktə edilməmişdir.

Bloomberg: the dollar expects long-term growth in 2016

Фото: Depositphotos

The dollar in the 2016 year will rise against seven of the ten major currencies of the world.

The growth of the US currency will be long and will bring it to a leading position in the world, the agency writes Bloombergbased on expert predictions.

According to the newspaper, in 2016, the dollar will rise by about 3% against the euro, by 2,5% against the yen and by almost 6% relative to the Swiss franc.

At the same time, the rate of the American currency will decline against the Canadian dollar, the British pound sterling and the Norwegian krone.

Analysts have noted that the dollar is experiencing a third period of long-term growth, which is compared with the presidency of Ronald Reagan (1979 – 1984 years) and Bill Clinton (1996 – 2001 years).

Experts believe that the dollar will rise due to the increase in the key rate of the Federal Reserve System against the background of continuing economic growth in the United States. It is expected that in the 2016 year the rate of the Federal Reserve will be upgraded four more times.

“No other country can match this. Therefore, the dollar will most likely be valued higher than most currencies in the world,” said Mark Chandler, head of the financial analysis company Brown Brothers Harriman & Co in New York.

As the Forum wrote, the US Federal Reserve 16 December 2015 for the first time since 2006 has raised the base rate from 0-0,25% to 0,25-0,5%. Besides, other signs of economic growth began to show in the US.

In the U.S. growth dollar exchange rate forecasts
Subscribe to ForumDaily on Google News


 
1071 requests in 0,974 seconds.