Monday, August 17, 2009

Wells Fargo expects correction commodity currencies

According to analysts Wells Fargo, the mood of the market remains volatile, and left more expectations on an index of business activity in the manufacturing sector helped turn the U.S. currency of some initial trends. Overall, the Bank believes that growth in equity markets has not been backed up by economic indicators, and therefore, it is a substantial downward correction of the shares or dollar bloc currencies, ie Australian, New Zeland and Canadian dollars.

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