Thursday, July 23, 2009

Unicredit recommends buying euro / dollar on the decline

According to analysts of UniCredit, the euro may decline against the U.S. dollar, and any such reduction to investors should be seen as a good opportunity to buy. Range trade continues to dominate the pair euro / dollar and European currencies but still shows a downtrend, which can be used to purchase a pair of down below the level of 1.42. Bank analysts recommend buying euro / dollar pair has kept at a considerable distance from the level 1.4050. Now a pair of Euro / dollar traded at around 1.4258.

No comments:

Post a Comment