Wednesday, July 1, 2009

ING: the growth of euro / dollar will not be long

The pair euro / dollar today, rising against the backdrop of growing interest to risk and stock prices. However, according to currency analysts ING Capital Markets, has yet to be passed the level of 1.43, euro / dollar will continue to be traded within the current range. If the pair will be able to take this level, it is likely that European officials will try to halt the strengthening of the single European currency in relation to the pressure, which has a high exchange rate on exports. The pair euro / dollar is now trading at 1.4150 compared with 1.4025 on Tuesday.

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