April may become the worst month for the dollar in decades

The index that measures the dollar's value, the DXY, registered a fall of 2.1% in the first quarter of this year.

April may end asestando a stockade over the dollar because it is precisely between this month and June when the price of hydrocarbons such as natural gas and oil tends to rise, as has recently warned the website Market Watch. 

"April is the worst month for the dollar for decades (...) His weakness is particularly pronounced against the euro and against the dependent commodity currencies , "  says the director of strategy of the company Intermarket Strategy , Ashraf Laidi. 

In the past five years, the dollar has fallen against the euro in April, and four of the five Aprils also against the Canadian dollar.

The index that measures the dollar's value, the DXY, recorded a fall of 2.1% in the first quarter.Every month were negative for the US currency except February, when experienced a slight improvement. But not off.

April was the worst month for the dollar for decades (...) His weakness is particularly pronounced against the euro and against the dependent commodity currencies, "says the director of strategy of the company Intermarket Strategy, Ashraf Laidi.

And this despite the tightening policies of US Federal Reserve Turbulence in international stock markets are not sitting well the greenback and its value could not be better, either, during the second quarter. 

In addition, the second quarter coincides with the more than possible renegotiation of the North American Free Trade Agreement (NAFTA). Also they are mourning in which they are mired trade relations between the US and China, among other countries, could have an impact on the dollar. 

HispanTV