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    HSBC analysts still wait for dollar falls

    HSBC analysts keep their own opinion, according to that opinion USA dollar in 2016 will falls in the currency pairs with EUR and JPY, as long as European Central Bank resources and Bank of Japan resources are restricted in monetary stimulation sphere. From the beginning of 2016 euro and yen have been strengthened their position against to USD more than another world’s currencies. Funk on world’s markets because of China’s problem increases anxiety about growing pace of totally world’s economic. “Big dollar rally is ended”, – stated the head of monetary policy strategy HSBC department in London David Bloom. In January USD is down on 2.2% in yen pair – to Y117.55 yen, also on 0.2% to euro – to $1.0883. According to Bloom’s words till the end of the year dollar can drop down to $1.20 for euro and to Y115. Meanwhile analysts interviewed by Bloomberg agency forecast average euro weakening on 2% till the end of 2016 year to $1.06, after 10% drop down last year and 12% drop down in 2014.

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