Dollar: anticipate another week with changes | Chronic



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After an intense week, of which the first three days were sadly famous and finally ended with some stability, experts predict that the dollar's crisis will persist for at least the next few days. The Minister of Finance's exchange of views and doubts about the International Monetary Fund's position on the new economic course add to volatility, he said.

Leonardo Svirsky, Analyst of Bull Market Brokers, foresaw that "In the markets, there will be a lot of uncertainty from now until October and volatility will persist.The market will be dangerous", badyzed. For its part, the director of research for traders, Gustavo Neffaagreed that "The environment will remain very volatile and I expect a negative reaction from the markets as a result of the interdepartmental exchange."

It seems to me that next week will be hectic because it ends with very volatile markets. God help us

– Leonardo Svirsky (@leosvirsky)
August 17, 2019



Neffa stated that this bad reaction is due to the fact that "Dujovne was the link with the IMF and, of course, all the IMF's plans to maintain the budget figures suffered a major setback with the latest measures, which have a very high budgetary cost." As, Santiago López Alfaro, Partner of Delphos Investment, said the volatility will remain: "We do not think that a market recovery is starting.Now, this is only for traders, only for specialists.Bonds are still in a bad technical position.", he says, and as for the dollar, he expected that he would continue to be sued: "The power plant is working well, it raises rates and sells dollars, it must use dollars only to go into debt and work."

And then, manually, everything that happens always happened … all on the same side. The position we had to have on Friday was simple, it was taken from the books of @nntaleb. 90% zero risk and 10% on the side that we thought we could leave. Maximum loss 10%. Maximum gain … infinite.

– Santiago Lopez Alfaro (@Slopezalfaro)
August 17, 2019



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