Friday, July 17, 2009

UniCredit recommends buying the dollar / yen and euro / franc

Currency UniCredit strategists recommend buying the dollar / yen below the level of 93 and euro / franc below 1.5150. Settings until you can not break, respectively, above the level of 94 and 1.52. However, as noted in the bank, downward movement of the dollar / yen is opposed to increasing the appetite for risk, and reducing euro / franc limit the risks of new interventions on the part of the National Bank of Switzerland. At this time, a pair of dollar / yen is at around 93.80, the euro / franc traded at 1.5194.

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