At Barclays Capital believe that the beginning of the recent strengthening of the dollar is related to the fall in oil prices on real interest rates differentials. However, if in the second half of this year, economic recovery will provoke an increase in demand for this energy source, the situation could radically change. "We do not have much optimism regarding the long-term prospects for the dollar", - analysts said Barclays. Rising unemployment has constrained inflation, however, in the second half of the investors will be confident in stabilizing the economy, leading to higher prices of oil. The bank maintained its forecast for euro / dollar by the end of the year at 1.45.
No comments:
Post a Comment