In the near future the dollar may strengthen in relation to other world currencies, writes Bloomberg.
The publication notes that this contributes to a limited proposal for currency and a shift in its benefit of economic growth and interest rates. “How sharp will be this growth will depend on the readiness of investors to risk. So do not be surprised if such a combination of factors lead to shocks in the markets,” indicates Bloomberg.
Strengthening the dollar will hit other world currencies. First weaken the euro. In distression will be developing currencies. The course of the South African Randa and Turkish Lyra will grow strongly, Bloomberg notes.
According to the publication, in the 2021th, the dollar is rapidly harmful in the year of coronavirus pandemic. Favor the dollar and the current interest rates. So, short-term expectations at rates in the financial markets, Bloomberg believes, will last crawl up.