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Forecast for Dollar

202123Apr
Forecast for Dollar
By DailyCelestial
Our Blog
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The dollar index shows the ratio of the official US currency to the six major world currencies: the euro, yen, pound, Canadian dollar, Swedish króna, and franc. If the dollar index falls, then its supply on the world market grows.

If the dollar index rises, there is a demand for the dollar and a decrease in supply. In the near future, all “investors” will begin to exit in dollars and simultaneously reducing the supply.

The graph shows a protracted process of falling of the dollar index, which will inevitably give a reverse movement, which will turn into an increase in the index. In the near future, news should be released that will “justify” the growth of the dollar.

The demand for the dollar is also a signal of the end of the growth in the stock market.

Forecaster Timur Garipov


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