The coronavirus pandemic has negatively affected the entire foreign exchange market. The currencies of emerging economies were the hardest hit. For example, from the beginning of the year to the present day, the Argentine peso and the Brazilian real have collapsed by 34% against the US dollar. The Turkish lira lost 29%, the Russian ruble fell by 23%, and the South African rand decreased by 11%.
Considering that the demand for risky assets is gradually recovering, these currencies have a chance to catch up. The currencies of those countries with relatively stable macro indicators have more chances to recover.
The difficult financial situation in Turkey will not yet allow it to recoup the losses this year. And the economy of Argentina, which is constantly in default, will not be able to win back the losses at least in the coming years.
However, there are currencies in the foreign exchange market that have risen in price during the pandemic. So, the Chinese yuan has grown by 6.5% since the beginning of the year, and when the global panic due to COVID-19 began, the currency rose by more than 9%.
According to experts, the best results were shown by the Japanese yen and the Swiss franc, which increased by 4% and 6% respectively. These currencies are considered a safe haven for many investors, as they show stability in any critical situation.
What is the fate of the US dollar and the euro? Experts are confident that the American dollar will continue to depreciate. And the euro is still ahead. The eurozone rate is capable of renewing two-year highs against the backdrop of the ultra-soft fiscal and monetary policy of the world central banks and more active recovery of the eurozone economy.
So, in 2020, those currencies that are associated with the export of energy carriers, as well as the monetary units of countries that were under geopolitical pressure, suffered the most.
The yuan, the yen, and the Swiss franc are in a good position because these currencies are a protective asset in any difficult situation.
歷史上,美元在戰爭、制裁和銀行危機等危機中一直是主要的避風港;投資者傾向於將美元視為最終的安全網。 到了2025年,情況已極大地改變。
儘管美國的信用評級被降低和國債收益率上升,散戶投資者仍然是股票市場中的活躍買家。淨購買額飆升至創紀錄的40億美元,這表明他們對股票市場長期韌性的信心。
領先的加密貨幣正努力保持其地位,即使並非總是一帆風順。目前,BTC處於領先地位,稍微簡化了保住高地的任務。
儘管有關貿易談判進展和高級別外交訪問的積極聲明,但S&P 500的預測仍然受限。分析師指出,該指數與其歐洲同行相比缺乏增長,這顯示美國市場競爭力的下降。
Micron Technology的股票延續其穩定的上漲趨勢,受到樂觀技術信號的支撐。投資者的目標價為117.34和137.12,令該股無論在短期還是中期都具有吸引力。
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