Thursday, August 6, 2009

Societe Generale: The ECB did not help the euro

According to analysts of Societe Generale, the ECB does not help the euro / dollar to reach the level of 1.45. The central bank took a wait-and-see stance, and yet did not think to give up their incentives. Moreover, according to bank analysts, expectations concerning interest rates and oil prices point to the decline of the euro / dollar. Currently, a couple is attempting to grow and traded at 1.4406, despite the recent announcement of the demand on the part of Governors reserves. According to dealers, a substantial interest in the sales recorded in the field of 1.4440. At the 1.4450 barrier option runs from foot to break higher.

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