Forecast USD and AUD

Pepperstone | Metatrader 4 Forex Broker

 I anticipate US Dollar remains strong until May/June. The US 2 year swap rate during that time will continue to provide support for green buck.  The swap cost of EUR into USD, continue to be high especially for European central banks. More concerns about recession in Eurozone will result in demand for US currency.

Aussie Dollar remains strong:

 - Global economic growth Is estimated to be around 4%;
 - Economic growth in China is more likely to continue to around 8.8 % this year. As a consequence of that commodity prices are going to be stable and supported  by Asia economic growth;
 -  Further rate cut more likely in March will result in  depreciation of AUD but it won’t have long lasting effect;

Trader (Forex, CFD's, Futures), Coach, Marius offers private consulting services to individuals investing in foreign exchange market. Marius specializes in price volatility techniques. Throughout years of experience, his discoveries were oriented in very unique market perception of price anatomy, Volatility and nature of price behaviour. Author of the book "Speaking Language of Forex Market" which discloses his experience and excellence of trading the Forex market. Google+
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