Will the BAX grow after the New Year?



The author posted a question in Business, Finance

Will the BAX grow after the New Year? and got a better answer

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Response from 0[++]
Bucks mastday imho

Response from 0[+++++]
Everything will depend on the wholesalers of goods if they switch to euros then the greenback is screwed.

Response from 0[+++++]
We should go to the wonderland and bury the bucks and salt and water them and say "Pex-Pex-Rex" and they'll definitely grow.

Response from 0[+]
It is fine, but not by much. The level of 28 rubles is a bit high, but it is quite acceptable to stabilize the ruble.

Response from 0[++]
The dollar will fall. The macro data shown by the US authorities does not satisfy investors so they are inclined to close long dollar positions and move funds into other currencies. Or transferring them to commodity markets, particularly to gold and oil. During the last five years, there has been a certain tradition of the dollar falling at the end of the year. I think that this year the situation will be repeated. The reference point is a cross-rate of $ 1 34-1 35 €. At the same time the growth of euro and other currencies to dollar might be stepwise. In other words, it went up, then a slight correction and the market thought - went up again. There will be no sharp movement. It is a global trade strategy for the currency market, which has been steadily increasing over the last two years. I totally agree with this statement.

 

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