We maintain our positive view on the US dollar. At the end of the year, US dollar will show strength against the low-yielding currencies such as the euro and pound. But our basic view implies a manifestation of the US dollar strength against the currencies of countries with emerging economies. Commodity prices will remain soft,… Read more
Christmas week is here and markets were – are still consolidating and most likely this is going to be the name of the game for the rest of the week. The economic calendar is not having important news releases but nevertheless the Canadian GDP and Durable Goods in the United States were supposed to bring… Read more
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The latest event of the year, the much anticipated Federal Reserve of the United States FOMC (Federal Open Market Committee) meeting is finally behind us and, as promised, the Fed raised the rates. It was not a big hike, a quarter of a basis point, but according to the Chairwoman, Mrs. Yellen, next year if… Read more
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