Tuesday, November 17, 2009

UniCredit: the probability of decline of the euro / dollar may rise

According to currency analysts UniCredit, downside risks to pair the euro / dollar is increasingly growing. As noted in the bank, the failure of euro / dollar's upward movement to develop a higher level of $ 1.50 a pair of difficult short-term prospects. The bank believes that interest in risky assets now will allow the euro / dollar to stay above $ 1.4850, however, in the event of further decline in equity markets likely fall couples, of course, increase. Euro / dollar at the moment stands at $ 1.4866. Source: Forexpf.Ru - Forex News

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