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Gripping, Dollar Back ahold Market

Today in the absence of economic data from the European Union and the market is preparing to welcome the new year 2015 tomorrow Thursday, the Dollar is likely to be continued to dominate the market although in thin trading as US unemployment claims data is reported later that evening.

In the previous trading day, the EUR / USD jumped nearly 60 points after forming yearly lows. This surge appears to only be temporary due to profit-taking ahead of the end of the year. As is known, investors have been selling euros and buy dollars since last June.

While the European region struck back with speculation "Grexit" Greek production as well as the blue zone's debt crisis, after Greece's political turmoil. Greek Parliament again failed to elect the next president of Greece, triggering early elections on 25 January 2015. However, recent surveys show the opposition party Syriza who will win the election, these conditions lead to the Yen, Swiss Francs, Gold and Silver back pursued by investors.

Dollar Will Stronger 2015
Daily Telegraph carried a report that the US dollar looks will continue to strengthen in 2015 and expect the value equation (parity) for the first time after more than 10 years. Economic analyst at Citibank said the combination of tighter monetary policy in the United States and more elastic monetary policy in Europe, causing the Euro would be almost worth the dollar.

Parity means, the value of EUR per USD to 1.0000 and Citibank expects the value of EUR against the USD will reach 1.1000 in September 2015 and under the "parity", 0.9900, for the first time since December 2002 to 2016.


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