The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The dollar has almost reached a 17-month high against a basket of major currencies, investors need a liquid and high-yielding currency amid unrest about the global economic growth and political risks in Italy and the UK.
Even a 2 percent jump in oil prices, which initially supported European markets, could not remedy the situation. In addition, investors are concerned about signs of slowing growth in China, and many believe that the actions of US President Donald Trump will further harm the economy of the Middle Kingdom. All of this, combined with political risk in Europe, pushed the dollar. As a result, the sterling lost more than 1 percent, and the euro, 0.7 percent, reaching the lowest level since July 2017.
As expected, the dollar made a loud return, which was also facilitated by the decision of the Fed to adhere to plans to tighten monetary policy. The euro and the pound are increasingly lagging behind the US currency under pressure from political risks. The prospects for the pound are even worse, especially considering the upcoming problems in parliament.
There is no good news for the euro either. Italy remains the main focus. In the third largest economy in the eurozone, the ghosts of the banking crisis are already noticeable, with Italian banks falling 0.6 percent. And, probably, the euro will fall below $ 1.10 from the current $ 1.126. All this is good news for dollar bulls.
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