It is finished: Tuesday, 21 September, the U.S. Federal Reserve following the meeting announced the level of interest rates. He has remained unchanged - in the range of 0-0,25%. There are no new incentives, no new data disappointing meeting of the American Reserva no avail. Everything went according to the standard scenario, but the reaction of markets for some reason was very stormy. For a few minutes passed dollar against the euro and a half figures, and on Wednesday, 22 September, the weakening U.S. currency continued.
The euro / dollar was around 1.33 marks, and, apparently, the growth of the single currency will continue, because at the moment it suits the U.S. government. Yes, and for Europe the current ratio of the euro and the dollar is not yet critical. The end of this trend lies in the region 1,4-1,45 dollars / euros, at these levels and expect the second series of European debt drama.
The only country really suffers from the weakening U.S. currency - is Japan. But speculators are so scared of central bank intervention of this state, that even the decision of the Fed did not cause the burst of volatility in the market. Bidders sidelined a couple of yen / dollar.
Thus, on Tuesday at the market established trend to a weakening dollar, and in the next month expect a reversal is not necessary. This weakness of the U.S. currency is often accompanied by growth of quotations on commodity platforms as well as increase shareholder value. Autumn - a good time to rally.
