The US dollar index slightly declined and then slightly rose

Huitong Network3month6Daily News - Monday(3month6day)In the Asian market, the US dollar index slightly declined and then slightly rose, before fluctuating and falling. Trading is now in101.40frontline.

French Agricultural Credit(Credit Agricole)Indicates that the currentG10Currency is dominated by three major factors, namely:

French Agricultural Credit: Three Major Factors DominateG10Currency, still bullish on the US dollar

Firstly, the Federal Reserve is gradually raising interest rates, and in the near future, the market is concerned about the Federal Reserve's interest rate hikes3The bet on the probability of a monthly interest rate hike seems to skyrocket. Huitong.com pointed out that last week, Federal Reserve Chairman Yellen stated that as long as the economy continues to improve as expected, the Federal Reserve3A monthly interest rate hike is appropriate.

Secondly, the prospect of US President Trump's fiscal stimulus policy remains uncertain, and soon Trump may become a source of market concerns about rampant protectionism in the United States.

Thirdly, the political risks in the Eurozone still lie in the Euro and European systemsG10The dominant factor in the currency outlook. according toFX678Observing, the Netherlands, France, and Germany will each welcome general elections this year.

Fanon continues to predict that the US dollar weighted trade index will appreciate by the third quarter3%-5%However, the bullish stance on the US dollar remains limited as it is expected that the US fiscal stimulus policy will remain moderate and2018It will not be announced before this year.
Federal Reservehttp://news.fx678.com/news/keywords/fed.shtml