Seems that USD is aiming to end a week on a high note. It also seems that traders and investors are finally ready to embrace the fact that trade deal between USA and China was signed. This is proved by the current performance of the market. But. Does the future of USD look as bright both in short and in the long run?
Well, seems that we still have time to enjoy growth of USD and as a result of all USD-led couples. After all, signing a trade deal with China and lifting at least some of the trade tariffs from the country is going to give a boost to American economy as well as to the corporate segment of its economy.
But, as it happens, this is years is going to be very important for the USA. This year we will witness both Presidential and Congressional elections. Both of them are going to bring extra political volatility to the United Sates. And we know – where there is political volatility, we can always count on meeting economic volatility too.
This doesn’t look so good for USD. But, right now we can enjoy growth for USD and all USD-led couples. For now, we can rely on trading signals to tell us what to trade.
Seems that USD is aiming to end a week on a high note. It also seems that traders and investors are finally ready to embrace the fact that trade deal between USA and China was signed. This is proved by the current performance of the market. But. Does the future of USD look as bright both in short and in the long run?
Well, seems that we still have time to enjoy growth of USD and as a result of all USD-led couples. After all, signing a trade deal with China and lifting at least some of the trade tariffs from the country is going to give a boost to American economy as well as to the corporate segment of its economy.
But, as it happens, this is years is going to be very important for the USA. This year we will witness both Presidential and Congressional elections. Both of them are going to bring extra political volatility to the United Sates. And we know – where there is political volatility, we can always count on meeting economic volatility too.
This doesn’t look so good for USD. But, right now we can enjoy growth for USD and all USD-led couples. For now we can rely on trading signals to tell us what to trade.