- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD has room to strengthen as focus moves back to relative FX stories – HSBC
USD has room to strengthen as focus moves back to relative FX stories – HSBC
The Federal Reserve (Fed) will start tapering this month, while the European Central bank (ECB) said it is “very unlikely” to raise rates in 2022 and the Bank of England (BoE) surprised markets by holding rates. Economists at HSBC expect GBP/USD to be somewhat range-bound in the months ahead.
EUR to underperform the USD in the months ahead
“The FX market has returned to the ‘relative’ stories once again where the outlook for the Fed’s monetary policy remains in contrast to that for other central banks, for example, the very dovish guidance being provided by the ECB. The case for the EUR as a funding currency (which often has a low-interest rate) continues to build. As such, we expect the EUR to underperform the USD in the months ahead.”
“The BoE voted 7-2 to keep its policy rate at 0.10%. The MPC also voted 6-3 to continue with the existing quantitative easing (QE) programme, which in any case is scheduled to end next month. The BoE cut its growth projections but raised its inflation projections for this year and next. All this suggests ‘modest’ tightening is coming. A rate hike in February 2022 is our economists’ base case, while the 16 December meeting is very much live.”
“Beyond the BoE’s fairly hawkish hold, we remain cautious on the GBP, given the likely limited scale of rate hikes going forward, a deteriorating current account deficit, and less fiscal support for the UK economy than before.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
