Qingdao International Nonferrous Metals Account Opening

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Intron S&P gained the upper hand in the announced votes, and panic began to appear in the market. Gold once surged to nearly a point in the short term, and the EUR/USD rose to nearly a point in the short term. Before the election results came out, the foreign exchange market had already started a wave of short-term violent fluctuations. As the outcome approaches, risks have begun to exceed market expectations.
Société Générale Qingdao International Nonferrous Metals was also affected by potential risks. On Wednesday (May 1), Societe Generale pointed out that in some of our original views on the foreign exchange market, regardless of the outcome of the election, the probability of EUR/USD crossing higher than The view of a drop to parity levels has encountered the greatest resistance.
Société Générale Qingdao International Nonferrous Metals was also affected by potential risks. On Wednesday (May 1), Societe Generale pointed out that in some of our original views on the foreign exchange market, regardless of the outcome of the election, the probability of EUR/USD crossing higher than The view of a drop to parity levels has encountered the greatest resistance.
In the United States, the populist vote is increasing, which is a serious threat to Europe. Over the years, Europe's political structure has not changed due to economic integration. The interests of various countries still make it difficult for them to cooperate with each other.
From the ECB's perspective, the ECB has successfully enabled European investors to shift funds from the domestic bond market to overseas markets, the European current account surplus has been rebalanced, and the EUR/USD has remained within a very narrow trading range. But the ECB's actions can only prevent the euro from rising strongly, rather than making it fall further. The European Central Bank has been unable to accelerate bond purchases or buy mainstream stocks to increase investor confidence, which will hurt enthusiasm for overseas investment.
Therefore, Societe Generale Qingdao International Nonferrous Metals believes that there is an upward risk for the euro at some point in time. Likewise, the yen is likely to move higher in the first quarter of next year. And the market is not ready for this yet.
In any case, the market's aversion to risk has been reflected, and the results of the US election will be announced soon. No matter who wins, the storm in the foreign exchange market has already made investors boil.
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