1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Are Negative Rates Weighing upon the USD and GBP?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    As central banks continue to grapple with the increasing risk of deteriorating global growth, some are turning towards negative rates which are likely to widen the current interest rate divide between the currencies. However, as these policies start to bite and the USD strengthens, so too does the pressure upon the US economy. Friday’s poor US unemployment figures had a surprising impact upon world currency markets buoying the USD by around 0.5%. The unemployment report was largely expected to

    Continue reading...
     

Share This Page