31 Dec 2015
Greenback finishes in the top spot - FXStreet
FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that the American dollar ended mostly higher in the last full trading day of this 2015, as many markets will be closed this Thursday, while others, like the US, will have an early close ahead of the New Year holiday on Friday.
Key Quotes:
"At the end of a tumultuous year, the greenback stands victorious across the board, as the US Central Bank was the first to shift its economic policy towards tightening.
It's true, the dollar has been unable to advance after the announcement of the first rate hike this December, yet is also certain that market players have been pricing it in, at least since last April."
Key Quotes:
"At the end of a tumultuous year, the greenback stands victorious across the board, as the US Central Bank was the first to shift its economic policy towards tightening.
It's true, the dollar has been unable to advance after the announcement of the first rate hike this December, yet is also certain that market players have been pricing it in, at least since last April."