A euro / dollar remains the potential for further growth

Euro / dollar in the last couple of days left in a fairly narrow range below the recent annual highs around $ 1.4447 and correctional minima of $ 1.4380/50, where it continues to be traded and is currently waiting for the meetings at the rate of the ECB and the Bank of England and the press conference, Jean -Claude Trichet. Commerzbank analysts see risks that in the near future of the auction will remain the same, but in general they are very optimistic and point out that while a couple remains above $ 1.4200, its future prospects look positive. At Commerzbank pay attention to the fact that the pair break above $ 1.4365 earlier became a signal of potential for growth in the euro to $ 1.4620 and $ 1.4720.