Monday, July 20, 2009

Australian dollar may be the growth leader this week

Yen fell against the euro to nearly 2-week minimum for the Asian bid, as investors continued to naedyatsya that U.S. corporate earnings season will show that the global slowdown weakens. Market participants suggest that American companies, which publish reports for the 2 months of the year this week, will provide data that will be better forecasts that there will be an incentive to buy risky assets and dispose of the assets of the security zone. Experts predict that if the situation really is to grow in line with current market expectations, the most profitable currency can be Australian dollar.

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