Behind the scenes is the resistance of $ 28,000 / stock exchange?
According to Tejarat News, the price of the dollar entered the channel of 27 thousand Tomans on Thursday and Friday, the 7th and 8th of Bahman, and was traded at the price of 27 thousand and 770 Tomans. But suddenly in the last hour of Friday, The price of the dollar In back-line trading became more expensive and The price of the dollar Tomorrow it reached over 28,000 Tomans in some channels.
Traders, meanwhile, have forecast a rise in the dollar today, which is expected to be positive.
Political news affecting the price of the dollar today
News from Vienna talks Can be heard saying Nuclear agreement it’s close. “Negotiations have reached the stage of political decision-making,” said the EU envoy for the lifting of sanctions.
The White House’s Middle East coordinator also said that “Iran and the United States are on the verge of returning to a nuclear deal.” On the other hand, the Iranian Foreign Minister said: “The process Vienna talks “It is positive and Iran wants to reach a good agreement as soon as possible.”
Last week, the issue of direct talks between the two countries was raised, and the president, foreign minister and secretary of the Supreme National Security Council announced that Iran agreed to hold direct talks with the United States, provided a good deal is available.
It was expected that all this news would be able to The price of the dollar Affect and lower the price of the dollar. But last week, the price of the dollar not only did not decrease, but entered the channel of 28 thousand tomans and even crossed the sensitive border of 28 thousand and 200 tomans.
The price of the dollar today is the 9th of Bahman
On the last two days of the week Free market dollar prices He changed the channel again and reached 27,770 Tomans. But the price of the dollar is expected to rise today, the 9th of Bahman.
Because in tomorrow’s transactions, the price of the dollar had an upward trend and went up to 28,200 tomans. This shows that traders are waiting for that The price of the dollar today is the 9th of Bahman The moon has an upward trend. But what is the reason for this and why The price of the dollar Resists 28,000 Tomans in the channel?
The first reason for the resistance of the dollar price is political reasons. Many traders say that two months have passed since the start of the Vienna talks, during which time the news of the talks has been positive and the parties have expressed their willingness to lift sanctions and reach a nuclear deal.
But the prolongation of the negotiation process shows that the agreement is not yet available and the market this time for Reducing the price of the dollar, Waiting for a definite news, not speculation.
Another reason is that from today, the 9th of Bahman, Vienna talks It was stopped for a few days for the negotiators to return to their capitals to consult and receive instructions.
As Enrique Mora has stated, now is the time for political decisions. That means technical issues are over and countries have to make political decisions. The price of the dollar may rise until this decision is made clear.
Are the government and the stock market involved?
But other experts say recent political news could The price of the dollar To decrease and keep 27,000 Tomans in the channel. But the government, in support of the capital market, has prevented the dollar from falling. In other words, some actors Currency market They point to the government’s support for the stock market and say that the dollar will not fall because of its help in the stock market.
This means that the government has tried to prevent the dollar from falling or falling over the past week or two. Because the fall in the price of the dollar in this situation is to the detriment of the capital market. This is in the context that shareholders gathered in front of the stock exchange last week. The parliament has requested the impeachment of the Minister of Economy, and the total index of the stock exchange has also seen the channel of 1.2 million Tomans, and there is concern that it will fall further.
Two weeks ago, when the price of the dollar in the open market reached 26,000 tomans, traders announced that the government had collected dollars in the market to prevent the dollar from falling further.
That statement, with this new analysis, shows that the government is left with a dilemma. Whether the dollar falls and the stock market falls, or whether it keeps the dollar within a certain range and at least prevents the stock market from falling further from the point where the dollar price falls. Probably in this situation, the government is a supporter of the stock market.