In relation to the euro dollar at the auctions on Tuesday reached a new annual lows against the backdrop of general market optimism. Expectations of a speedy recovery of the world economy have intensified the demand for shares. Gold in the day rose above 1000 dollars per troy ounce. The cost of oil rose above 71 dollars per barrel. Demand for higher-yielding assets are increasing, which in turn, intensified the pressure on the dollar, as investors have been shedding assets of the security zone. The dollar can not extract yet benefit from this market optimism, because in his enormous liquidity it is very cheap and serves as a funding currency in carry trade. That is currently playing the role for many years served the yen, while previously the cheapest of the liquid currencies. Now this role have taken the dollar. Analysts JPMorgan Chase & Co., Appreciating the immediate prospects of pair euro / dollar, consider it quite possible to test resistance at 1.4640.
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