Monday, October 5, 2009

Barclays Capital predicts growth in the euro / dollar this week

As the currency analysts Barclays Capital, the data on levels of employment in non-agricultural sector of the United States, published on Friday last week, virtually no significant impact on the euro / dollar, and now the couple continues to consolidate above the 1.4450/00 area. Correctional reduction couples last week led to a complete reversal of momentum. Strategy has been bottom-up forecast for the pair this week, although I believe that the movement will likely not go beyond the range of 1.45 - 1.4750. Currently, the euro / dollar traded at 1.4616.

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