The world financial system is full of dollars

The world financial system seems that is full of dollars. The dollar is sold everywhere for much more attractive euro, Australian and New Zealand dollars, Yen and other currencies and the risky assets. The Federal Reserve probably will leave the key interest rates at the record low level of 0.00% and 0.25%. This level probably will keep in whole 2009 and the first months of 2010 predict Peter Mill forex expert in World-Signals.com. The dollar may continue fall against the euro as may break above 1.50 and reach 1.5160 or even 1.5200. The optimism for the world economy comes back too fast that is also reason for the weak dollar this month.

« More News