According to the latest financial data, USD/JPY parity is experiencing the strongest 15-day increase at last years. American Dollar is preparing for a strong increase after next president of the United States Donald Trump's deflationary economic policies and the expectation that the Fed is going to increase the interest in the month of December under the influence. American Dollar with trading from 110.78 level, recorded most powerful level seen since 1st June against Japanese Yen. The two-week increase is one of the strongest increases at last years. Treasury bonds will increase speculation that a rise in public spending, with Trump administration, was instrumental in the strengthening of the dollar. Fed Chairman Janet Yellen said that the Central Bank's tightening is continuing in the way. As a general perspective, we can say the expectations about interest increase are causing the strong trend of American Dollar against many major currencies nowadays.
- Date: 18 November 2016 Fri 11:48
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