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Back Fundamental analysis
Traders should not underestimate US dollar
Bullish oil prospects, a stabilizing labor
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Bullish oil prospects, a stabilizing labor market, and a pick-up in US inflation — what more is needed to strengthen the greenback? The US dollar should benefit from high demand as a safe?haven asset due to the conflict in the Middle East. Indeed, the US is a net exporter of energy products. The strength of the US economy allows the Federal Reserve to consider rate hikes. Yet, EUR/USD is not rushing to fall. Why? Bank of America believes the odds of
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
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Igor Kovalyov
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