Interest rates prediction.
In 2007 many central banks have started expansionary monetary policy. At the picture you can see current level for interest rate. But currency traders have to go beyond interest rate differentials.Therefore on second picture is expectation or outlook. I’d like to mention also that in countries of Central and Eastern Europe there are still expectations for contractionary policy or unchanged rates rather than lowering. Nowadays there are many Exchange traded funds underlying currency pair. This is the latest offer on AMEX….
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