Friday, May 1, 2009

Euro strengthened against the yen against the backdrop of growing interest for risk

Euro reached a maximum value against the yen against the backdrop of growth in output in China. Also, the strengthening of the common currency have contributed to reports that the volume of production in the United States last month, probably declined less rapidly. "China and the United States show signs of stabilization, it gives hope for the speedy completion of a recession", - analysts said Mizuho Asset Management. "This change of perception of the situation leads to renewed interest in the venture and high-yield assets."

No comments: