BBH about dollar, recession in economy of the USA and interest rate prospects

Brown Brothers Harriman: The dollar has grown against euro thanks to the strong American macroeconomic statistics which has been published on Thursday. Key level of support 1.4640 has been punched, that opens road to continuation of descending movement up to 1.4525. The yen remains weak, but appetite to brave actives has not to the full returned yet to participants of the market. Taking into account more positive American economic data and plans of the Big Seven to raise global liquidity, we consider, that the risk of recession of economy of the USA has decreased, and it reduces requirement for the further decrease in interest rate ФРС. Forexpf. Ru - Forex News / news Forex