The dollar may rise if the data published today by the U.S. economic growth in the second quarter will be better forecasts, says in his comments, Derek Halpeni, head of currency strategy in Europe of the Bank of Tokyo-Mitsubishi UFJ Ltd. Market participants positively assess the prospects for Fed monetary policy, believing that the U.S. central bank is able to quickly and timely respond to the improving economic situation (approx. ProFinance.ru: a hint at rate increase by the Fed as a reaction), the expert believes.
Friday, July 31, 2009
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