Dollar zone: Dollar final straight.
First week of December is loaded with economic indicators in the
euro zone and in United
States.
Few days before the last U.S.
central bank (Fed) monetary policy meeting on December 17 and 18, trader’s
attention will focus mainly on the Fed report on employment and unemployment in
the United States
this Friday. The employment report will also be studied in order to obtain
clues about possible Fed’s ultra accommodate policy decisions.
Good results could push the Federal Reserve to stop its monetary
stimulus of massive injections of liquidity into the financial system of the United States
($ 85 billion per month) which inflate the American growth.
The economic indicator of unemployment change in the United States
in November had reassured traders; the retail sales for the beginning of the holiday
period are spectacular, the economic recovery appears to be running.
The
economic health of the country surely pushes the Fed to gradually reduce these
economic measures at the beginning of 2014. Investors will again see the dollar
as lucrative and attractive!
