The IMF has improved its forecast for the US economic growth within the next 2 years. The experts assume that the US economy will boost by 2,1% this year and 2,4% in 2013.
They have also improved the forecast for the global economic growth from 3.3% up to 3.5% in 2012. It is expected that the global production will grow by 4.1% versus the initial forecast of 3.9%. However, there are concerns over possible stagnation of the global economy. The eurozone crisis and possible oil price hikes due to geopolitical instability may reduce to nothing the global economic recovery.
Forex.
According to , the USD index keeps fluctuating within the 79,37-80,34 price range. Once the top of the range is overcome, the index will resume its rally. Alternatively, the downtrend will resume as long as the price breaks below the MF pivot 79,44 and forms a bearish FZR below it.
