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    The dollar recorded the biggest increase in value in 20 years

    November was the month the dollar got a big dip. The US currency gained against all major competitors. Against the Japanese yen strengthened strongest in years. Hand in hand with the gold found at the highest level since 2002, and this could not finish. The forecasts assume a further increase in the exchange rate.

    The expectations of investors regarding the stimulation of economic growth in the US, confirmed Tuesday's data - GDP growth accelerated more than twice and was the highest in five quarters and rapid increases in interest rates, conquering the quotation of the American currency. Its price in Japan exceeded 113 yen, and how calculated the agency Bloomberg, this is the biggest monthly jump since 2009.

    At the beginning of the month (November 4) could be in Japan to buy dollars at 102 yen. Given this rate, we have to deal with the rise in the excess of 10 per cent., And such a move is not observed for nearly 20 years.

    Dollar climbs up and most likely this trend will not end soon. - The worst even before the yen - suggests to bring forth the "Bloomberg" Steven Saywell, an economist at BNP Paribas. It indicates the growing differences in the policy of the central banks of the US and Japan. The first completed purchase of bonds and increases interest rates, and the second pumps on the market is still 80 trillion yen per year at negative interest rates in banks.

    According to forecasts by BNP Paribas, at the end of the year the dollar exchange rate should rise to around 115 yen. On the other hand, for the year may already be at the level of 128 yen.

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