{"id":16604,"date":"2020-07-30T07:31:17","date_gmt":"2020-07-30T05:31:17","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=16604\/"},"modified":"2020-07-30T07:31:17","modified_gmt":"2020-07-30T05:31:17","slug":"the-fed-is-in-favor-of-devaluating-the-dollar","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/","title":{"rendered":"The Fed is in favor of devaluating the dollar"},"content":{"rendered":"<table cellspacing=\"0\" cellpadding=\"4\">\n<tbody>\n<tr>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">Gold<\/span>\u00a0 \u00a01961,10<br \/>\n(<span style=\"color: #ff0000;\">-0,46%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">EURUSD<\/span>\u00a0 \u00a01,1764<br \/>\n(<span style=\"color: #ff0000;\"> -0,23%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">DJIA<\/span>\u00a0 26379,50<br \/>\n(<span style=\"color: #ff0000;\">-0,22%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">OIL.WTI<\/span>\u00a0 41,18<br \/>\n(<span style=\"color: #ff0000;\">-0,24%<\/span>)<\/h4>\n<\/th>\n<th>\n<h4 style=\"text-align: center;\"><span style=\"color: #e2b365;\">DAX<\/span>\u00a0 \u00a012868,84<br \/>\n(<span style=\"color: #008000;\">+0,01%<\/span>)<\/h4>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"justify\">At the meeting on Wednesday the Fed management unanimously decided to keep the key rate in the range of 0.00-0.25%. This was expected. Everyone was waiting for comments, which will follow after the announcement of the meeting results. Fed promised to use all instruments to support American economy. The interest rates will be around zero for a long time. Unemployment situation in the US is a separate concern.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nEUR\/USD<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16605 aligncenter\" src=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2020\/07\/EURUSD-4.png\" alt=\"\" width=\"600\" height=\"242\" \/><\/p>\n<p align=\"justify\">Once again, everyone is convinced that every month the market will be filled with more unsecured dollars. Remembering how much debt Americans have, the following suspicion sneaks in. Perhaps the Fed wants to artificially cause dollar inflation to reduce the size of government debt in relation to the GDP.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nEuro<br \/>\n<\/strong><\/p>\n<p align=\"justify\">The EU has also adopted an unprecedentedly large economic assistance programme worth over \u20ac4 trillion. However, this is still less than in the USA. That is why the EUR continues to grow steadily. Of the last 9 trading days, the European currency has grown 8 times. This has not happened for a long time. And this indicates the strength of the trend.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nPound Sterling<\/strong><\/p>\n<p align=\"justify\">The English currency, which we haven&#8217;t remembered for a long time, surpassed the important level of 1.30 on Wednesday. Now the way up is open, without significant resistance on the daily chart, up to the level of 1.35.<br \/>\nWhat can stop the growth of the pound? Theoretically, if the second coronavirus wave begins to develop, the British currency will fall first against the EUR and the Swiss franc. But against the U.S. dollar, almost no analysts expect a strong correction.<\/p>\n<p style=\"text-align: center;\"><strong><br \/>\nWhat&#8217;s waiting for us today?<\/strong><\/p>\n<p align=\"justify\">10:00 German GDP for 2nd quarter<br \/>\n11:00 EU unemployment rate for June<br \/>\n14:00 Harmonized Consumer Price Index in Germany for July<br \/>\n14:30 Annual US GDP figures for the 2nd quarter<\/p>\n<hr \/>\n<p style=\"text-align: center;\" align=\"justify\">Important Notes on This Publication:<small> <\/small><\/p>\n<p align=\"justify\"><small>The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold\u00a0 \u00a01961,10 (-0,46%) EURUSD\u00a0 \u00a01,1764 ( -0,23%) DJIA\u00a0 26379,50 (-0,22%) OIL.WTI\u00a0 41,18 (-0,24%) DAX\u00a0 \u00a012868,84 (+0,01%) At the meeting on Wednesday the Fed management unanimously decided to keep the key&#8230;<\/p>\n","protected":false},"author":37,"featured_media":13158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-16604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Fed is in favor of devaluating the dollar | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"Die Bernstein Bank GmbH ist eine deutsche Privatbank. Als einziger deutscher Bafin regulierter CFD Broker mit einer MT4-Lizenz bietet sie den Online-Handel in W\u00e4hrungen, Aktien, Rohstoffen und Krypto-W\u00e4hrungen an.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Fed is in favor of devaluating the dollar | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"Die Bernstein Bank GmbH ist eine deutsche Privatbank. Als einziger deutscher Bafin regulierter CFD Broker mit einer MT4-Lizenz bietet sie den Online-Handel in W\u00e4hrungen, Aktien, Rohstoffen und Krypto-W\u00e4hrungen an.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-30T05:31:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wordpress Support\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wordpress Support\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"The Fed is in favor of devaluating the dollar\",\"datePublished\":\"2020-07-30T05:31:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\"},\"wordCount\":498,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\",\"name\":\"The Fed is in favor of devaluating the dollar | Bernstein Bank\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"datePublished\":\"2020-07-30T05:31:17+00:00\",\"author\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"description\":\"Die Bernstein Bank GmbH ist eine deutsche Privatbank. Als einziger deutscher Bafin regulierter CFD Broker mit einer MT4-Lizenz bietet sie den Online-Handel in W\u00e4hrungen, Aktien, Rohstoffen und Krypto-W\u00e4hrungen an.\",\"breadcrumb\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage\",\"url\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"contentUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"width\":800,\"height\":455,\"caption\":\"Morning Stock News\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bernstein-bank.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Fed is in favor of devaluating the dollar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\",\"url\":\"https:\/\/bernstein-bank.com\/en\/\",\"name\":\"Bernstein Bank\",\"description\":\"Bernstein Bank GmbH\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ENH\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\",\"name\":\"Wordpress Support\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Fed is in favor of devaluating the dollar | Bernstein Bank","description":"Die Bernstein Bank GmbH ist eine deutsche Privatbank. Als einziger deutscher Bafin regulierter CFD Broker mit einer MT4-Lizenz bietet sie den Online-Handel in W\u00e4hrungen, Aktien, Rohstoffen und Krypto-W\u00e4hrungen an.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/","og_locale":"en_US","og_type":"article","og_title":"The Fed is in favor of devaluating the dollar | Bernstein Bank","og_description":"Die Bernstein Bank GmbH ist eine deutsche Privatbank. Als einziger deutscher Bafin regulierter CFD Broker mit einer MT4-Lizenz bietet sie den Online-Handel in W\u00e4hrungen, Aktien, Rohstoffen und Krypto-W\u00e4hrungen an.","og_url":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/","og_site_name":"Bernstein Bank","article_published_time":"2020-07-30T05:31:17+00:00","og_image":[{"width":800,"height":455,"url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","type":"image\/jpeg"}],"author":"Wordpress Support","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wordpress Support","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#article","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/"},"author":{"name":"Wordpress Support","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"headline":"The Fed is in favor of devaluating the dollar","datePublished":"2020-07-30T05:31:17+00:00","mainEntityOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/"},"wordCount":498,"image":{"@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","articleSection":["News"],"inLanguage":"ENH"},{"@type":"WebPage","@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/","url":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/","name":"The Fed is in favor of devaluating the dollar | Bernstein Bank","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage"},"image":{"@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","datePublished":"2020-07-30T05:31:17+00:00","author":{"@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"description":"Die Bernstein Bank GmbH ist eine deutsche Privatbank. Als einziger deutscher Bafin regulierter CFD Broker mit einer MT4-Lizenz bietet sie den Online-Handel in W\u00e4hrungen, Aktien, Rohstoffen und Krypto-W\u00e4hrungen an.","breadcrumb":{"@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#breadcrumb"},"inLanguage":"ENH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/"]}]},{"@type":"ImageObject","inLanguage":"ENH","@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#primaryimage","url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","contentUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","width":800,"height":455,"caption":"Morning Stock News"},{"@type":"BreadcrumbList","@id":"https:\/\/bernstein-bank.com\/en\/the-fed-is-in-favor-of-devaluating-the-dollar\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bernstein-bank.com\/en\/"},{"@type":"ListItem","position":2,"name":"The Fed is in favor of devaluating the dollar"}]},{"@type":"WebSite","@id":"https:\/\/bernstein-bank.com\/en\/#website","url":"https:\/\/bernstein-bank.com\/en\/","name":"Bernstein Bank","description":"Bernstein Bank GmbH","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ENH"},{"@type":"Person","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48","name":"Wordpress Support"}]}},"_links":{"self":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/16604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/comments?post=16604"}],"version-history":[{"count":0,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/16604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media\/13158"}],"wp:attachment":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media?parent=16604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/categories?post=16604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/tags?post=16604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}