Dollar Libor rates are at historical minimums

12.07.2021

A decline in quotes to the nearest support levels should be used to open Buy positions. On the interbank lending market in London, the benchmark three-month dollar rate of Libor last week renewed its historical minimum, which indicates a substantial surplus of dollar liquidity in the financial system.

The Fed prints money and is not even going to stop, although from time to time various Fed officials say that it would be wise to cut incentives in the near future, but in fact this does not happen and the monetary regulator is “flooding” the banking system with money, which will have a negative influence on the value of the American currency.

Trading recommendation: Buy 1.1853/1.1830 and take profit 1.1910.