Standard Bank recommends selling the dollar against the euro and yen

According to currency analysts Standard Bank, investors should sell U.S. dollar against the euro and the yen. As noted in the bank, from January 5 this year, the Bank indicators show a positive vein, the European currency in the pair with the dollar. The bank's strategy recommends investors buy the euro / dollar to $ 1.4910 level and close the position in the case of couples to reduce the level of $ 1.4260. A pair of dollar / yen in the bank changed the recommendation to "buy" to "sell": bank analysts recommend to sell a couple to at Y89.70 and close a position in the case of couples growth to Y93.30. At the moment, the euro / dollar traded at $ 1.4555, the dollar / yen is at around Y91.40.