Tuesday, February 9, 2010

Lloyds considers possible rise in the euro / dollar

According to currency strategists, Lloyds, the euro / dollar is looking forward to the designated meeting on Thursday the EU, which should shed more light on how the EU is close to that to intervene in Greece. Today the spread of 10-year Greek and German bonds has decreased slightly, allowing the euro / dollar rise in the region above 1.37. Analysts say the bank, break above 1.3848 could trigger a wave of coverage of short positions and determine the probability of growth to the level of 1.40 a pair. Currently, the euro / dollar is trading at around 1.3755.

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