The Analytical Overview of the Main Currency Pairs on 2021.0 | Justforex
The Analytical Overview of the Main Currency Pairs on 2021.04.13
On Monday, the ECB and the US Federal Reserve released data on the change in assets on their balance sheets. The European Central Bank's index fell by €10.91 billion over the past week, while the Federal Reserve increased the figure by $19.89 billion. Thus, the Fed prints money more actively than the ECB, which negatively affects the dollar. The commodity market remains in demand for metals and energy, which will have a negative impact on the value of the dollar since raw materials are quoted in the US currency. Investors are waiting for the rapid growth of the global economy in the summer and are playing out this trend in advance by purchasing exchange commodities.
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