BNP Paribas Recommends buy the euro / dollar on the decline

On Friday, the dollar was under pressure at a modest increase in the level of acceptable risk. However, the main currency is not beyond the limits of the established ranges. According to analysts of BNP Paribas, attitude to risk assets continued to improve through the successful actions of central banks over the past few days. At the beginning of the trading day is most lucky euro, which strengthened above 1.4000 marks yesterday, and broke up at 1.4014. This led to the function of foot, located in the area of 1.4015 and hence further growth. "Euro / dollar will continue to grow, so we see the setbacks as an opportunity to buy" - Analysts said BNP Paribas. "In the mid-term break above 1.4175 would result in the restoration of 1.4360.