Monday, April 20, 2009

Bear RBS forecast to euro / dollar

According to analysts of RBS, a pair of Euro / dollar fell below 1.30 and going to test the minimum end of last year and early this year, at 1.23-1.25. This probability will increase when going on this week's German ZEW index and the PMI index in the euro fell short of expectations. Now a pair traded at around 1.2989.

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