Credit Agricole: the U.S. dollar will continue to receive support

According to currency analysts Credit Agricole, reaction of the U.S. dollar to increase the discount rate the Fed may have been somewhat excessive given the fact that the target the federal funds rate the Fed is unlikely to be increased to 2011. Nevertheless, the note at the bank, the fact that this decision is the beginning of the transition to a tightening of monetary policy should support the U.S. currency, provided that the economic statistics will continue to testify on the economic recovery, albeit gradual.