Low rates in the U.S. remain a negative factor for the dollar

Analysts predict that the world's reserve currency will continue to fall, even when the Fed starts raising rates, which, according to politicians, remain low for a long time. Standard Chartered, HSBC and Scotia Capital considered. that the dollar will lose another 6.4% against the euro. Monetary incentives of $ 12 trillion. dollars, the lowest rates on loans and record volumes of purchases of government bonds for the period from 2009 to 2010 will exert pressure on the dollar. A similar effect can be expected from unemployment to 10.2%. "History teaches us that the dollar will steadily rise no earlier than 12 months after the Fed will raise rates", - noted in Standard Chartered. Analysts HSBC predict that by mid-year euro / dollar will reach $ 1.60. Scotia Capital makes a more modest forecast of - $ 1.50. "The dollar will take position as investors are concerned about his status as a reserve currency and large deficits in the U.S.".