The American currency is beginning a new day with the attempt to continue recovery, particularly in combination with the euro and pound, and currency strategists JPMorgan noted that bovine scenario for the dollar developments in the near future should not be ruled out. However, the bank draws attention to the fact that in terms of stabilization and even some improvement in risk appetite, the question of fiscal position of States has become more meaningful for the participants of the foreign exchange market. JPMorgan analysts believe that the costs of stimulating the economy, which suffered a State looked very impressive, and now, when rates in the United States is very low in the type of policies pursued by the Fed, U.S. assets are not as attractive to investors, more interesting for where they can do weakening of the dollar. At JPMorgan expects that the downward movement of the U.S. currency will resume with renewed vigor, and reported that revised its forecast for euro / dollar at the end of the year with $ 1.45 to $ 1.50, while the corresponding projection for the pound / dollar has been raised from $ 1.58 to $ 1.85.
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