Umphumela we-ECB ku-EUR / USD uyinkohliso.
Ukuze welaphe lesi sifo, udinga ukwenza ukuxilongwa kahle. Akunandaba noma bangaki izikhulu ze-ECB abangazange bahlobanise ukwehla kwenzuzo yamabhondi aseYurophu ngokungenelela kwabo ngamazwi, laba odokotela akusikho. Amanani wemakethe yezikweletu zomhlaba wonke aqale e-United States, kungenxa yokulindelwe yizisusa zezimali kanye nokubuyiselwa okusheshayo komnotho waseMelika. Ngakho-ke, kuyadingeka ukwelapha lesi sifo kwa-Fed, hhayi amanye amabhange aphakathi. Ukushintsha amalungu amalungu e-FOMC azongenza isimo emakethe yeBond, esephule "amabhere" ku-EUR / USD ekhadini elikhulu le-Trump.
Amandla wenzuzo ye-Bonds
Umthombo: Wall Street Journal
Ilungu leNkathi LoMkhandlu Ebusayo Fabio Palio Pattitt waveza ukuthi ukugxuma okubukhali ngenzuzo yezibopho zezikweletu akudingeki, futhi udinga ukulwa. I-European Central Bank ihlola izimo zemakethe, ingangenela futhi iguqule ubukhulu bezimpahla. Usihlalo wePhini le-ECB Luis de Gindos uthe uMlawuli unesikhala se-Maneuver nezinhlamvu, kuvulekele ngokuphelele ukulungiswa kwe-QE.
Kubukeka njengokungenelela ngamazwi kube imfashini. UFrankfurt angabonakala sengathi lapho asiza, wangqongqoza "izinkunzi" ku-EUR / USD ngoJanuwari futhi wamisa ukuthengiswa kwamabhondi ngoMashi. Eqinisweni, ukungakwazi kwalombhangqwana ukuze kuqhubeke nomhlangano wahambisana nokugoma kancane ezweni elidala kanye nokuphambukisa ekukhuleni komnotho. Ngokuqondene nokuzinza kwemakethe yezikweletu zomhlaba wonke, khona-ke inja ingcwatshwe ngokuhlukile ngokuphelele.
Njengoba unikezwe indima edlalwa yi-oda elwa empini yokulwa nokwehla komnotho, izifudumala phambi kwayo kusuka kubatshalizimali kucacile futhi kusobala. Ezinsukwini ezimbalwa ezedlule, ngaphawula ukuthi ukuze ngimise okwesikhashana ukumisa umhlangano we-trezeris, i-FedRev izokwela ukukhombisa ukukhathazeka ngomthelela omubi wemakethe yezikweletu ekhulayo yezimo zezezimali ezikhulayo zezimo zezezimali ezikhulayo zezimo zezezimali ezikhulayo zezimo zezezimali ezikhulayo zezimo zezezimali ezikhulayo zezimo zezezimali. Bekufanelekile iLaile Breunard ukukhuluma ngendlela efanayo, ukuthengiswa kwamiswa, futhi izingcaphuno ze-EUR / USD zikhule kakhulu.
Kumele kwaziwe ukuthi amazinga amanje weTrezeris yesivuno ayathandeka kubatshalizimali bangaphandle. Ukunaka izindleko zokubhuka kwezingozi zemali, izibopho zoMgcinimafa we-United States ziphakeme kakhulu kusukela ngo-2017, okukhuthaza abahlali ukuthi bathenge iphepha futhi bathobeke imakethe.
Amandla weTrezer Trezeris anaka i-Hedging
Umthombo: IBloomberg.
Vele, iphuzu lenqubo yokuzinza lesi simo emakethe yamabhondi omhlaba ayisasethiwe. Abatshalizimali bakhathazekile ngemibuzo emibili. Ngabe izibalo eziqinile zomsebenzi webhizinisi nokuqashwa e-US, phonsa isivuno seTrezeris phezulu, ukuqiniswa ngasikhathi sinye nedola? Futhi ukuthi i-rhetoric izoshintsha amanye amalungu e-FOMC, imisebenzi yazo igcwele ngesonto lokuqala lentwasahlobo?
Noma ngabe amanani entengo eMgcinimafa Amabhondi azoqhubeka nokukhula, lokhu akufanele wesabise "izinkunzi" nge-euro, into esemqoka ukuthi azikhuphuki ngokushesha njengobusuku obusebusika. Iqiniso lokuthi umbhangqwana we-EUR / USD wakwazi ukunamathela emngceleni ophansi wohla lokuhlanganisa u-1.2-1.22, alukwazi kodwa ukujabula. Siyaqhubeka nokugxila ekuthengeni futhi sibheke ngokucophelela izivunguvungu zokumelana ngo-1.21 no-1,2125.
I-Dmitry Demidenko yeLiteForex
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