One currency expert predicts the death of the Australian dollar in the event that Donald Trump will win the elections in the US - on AMarkets materials.
Boris Schlossberg, managing director in the Department of Forex strategies of BK Asset Management, offers investors pay attention to the Mexican peso.Dynamics pesos - reverse indicator of political success Trump. When the weekend came the news of a possible replacement Trump someone else from the Republican Party, once the peso began to grow. Trump actively advocated protectionist economic measures. In particular, he advocated for ensuring that between Mexico and the United States has been a tough border are drawn, most enclosing America from invasion of the Mexican economy. The Mexican peso fell by 12% in 2016 - the worst figure among the 16 currencies of the developing region. Of course, the bad and the dynamics of the peso contributed to the recession in the Mexican economy, and not very good "game" of developing economies as a whole. On Schlossberg said, the second after Mexico 'point of hatred "for Trump - China. And here comes up immediately and Avstaliya. Do not forget that the Australian economy is heavily dependent on China. China buys from Australia, a lot of minerals. Any economic deterioration in China immediately has a GDP of Australia. The analyst believes that American capital will rapidly leave the Asia-Pacific region immediately after the elections, regardless of who wins them. And this opinion was expressed by other economists. Billionaire U.Baffet believes that neither Trump nor Hillary will not be able somehow strongly that a change in the US economy - Buffett believes that America will prosper. As he said, in terms of every single American, well-being will increase. But who would believe it? Will prosper only 0.01%. Yes, besides robots will be systematically selected jobs from living people - is a fact of life that no one can undo.
