02.04.202110:19 Forex Analysis & Reviews: The US dollar's future is optimistic

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

The positive sentiment towards the USD is supported by the improved outlook for the American economy. They are supported by solid macroeconomic data and accelerated mass vaccination against COVID-19. On Friday morning, April 2, the greenback remains stable ahead of the release of statistics on the US labor market. Experts do not hide their optimism about potential employment growth and a reduction in the unemployment rate in March 2020. Most forecasts provide for an increase in the number of jobs by 647,000. Recall that in February this figure did not exceed 379,000. Experts also expect a decrease in the unemployment rate to 6.0% from the current 6.2%.

Several factors cited by analysts are indicative of US economic growth. In case of the release of positive data, the position of the dollar will strengthen. At the moment, the greenback is actively paving the way for an upward trend. Sentiment on the USD has improved over the past few days. This was facilitated by factors such as the adoption of another stimulus package worth more than $2 trillion and the rapid roll-out of the COVID-19 vaccination program. In the wake of economic optimism, the greenback began to spread its wings, rising in tandem with the euro. On Friday morning, the EUR/USD pair was trading at 1.1780, trying to hold on to its gains.

In the first three months of 2021, the US dollar gained 3.6% against a basket of six key currencies, and this is not the limit. Experts consider this to be one of the strongest quarterly indicators recorded since June 2018. An additional factor supporting the USD was the March report on the US manufacturing sector. It has shown an increase in this indicator for more than 37 years, which added points in favor of the greenback.

Volver a la lista

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.