Wednesday, April 22, 2009

UniCredit: for pound is not too good day

According to analysts of UniCredit, for the British pound today is not a good day. Data on the labor market, which fell at 12:30 AM EDT, will likely not very good with a significant increase in applications for unemployment benefits (estimated 100 thousand), and data on the budget, only confirms the deterioration in the forecast for the UK and public finance. UniCredit analysts believe that it is better to sell the pound / dollar above 1.45 and buy the euro / pound down near the level of 0.88. Euro / pound for the time being traded at around 0.8870 and the pound / dollar - at 1.4580.

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