Thursday, November 19, 2009

UniCredit: positive statistics from the United States can support the euro / dollar

According to currency analysts UniCredit, taking into account another unsuccessful attempt to euro / dollar to rise above the level of 1.50, the basis for the development of upward motion can only be a positive economic statistics from the U.S. and rising stock markets. However, note in the bank, the bulls on the euro is concerned by the statements of representatives of the ECB on the excessive strengthening of European currencies. Euro / dollar at the moment is trading at around 1.4864.

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