Tuesday, July 28, 2009

UniCredit recommends buying euro / dollar

According to analysts of UniCredit, the failure of pair euro / dollar to overcome the level of 1.43, perhaps, said the reluctance of investors to open long positions in anticipation of the publication of the U.S. GDP for the second quarter this Friday (16:30 AM EDT) and a report on the labor market next week . Nevertheless, the desire to risk remains the dominant theme in the markets, so banks prefer to buy a pair of lower level of 1.4175. Now a pair of Euro / dollar was at 1.4271.

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