First, a few words about the events of the past week:
- EUR / USD. Who would neither belonged to Trump, but the US economic policy demonstrates the visual success. Forecast for US GDP in 2018. It grows with the stock indexes, and the unemployment rate by the middle of next year is expected to decline to the lowest level in the last 50 years. As a result, the United States started trade wars, the economy of the Eurozone and China have already begun to experience serious problems. Following the success, Trump likely to increase import duties and further, allowing US producers are not afraid of a stronger dollar.
At the same time 88% of respondents polled by Wall Street Journal, expected that the Fed will raise interest rates four times this year. And it is also driving interest in the US currency.