Wednesday, August 19, 2009

Growth in markets close to completion

Analysts Bank of America - Merrill Lynch expected the end of trading in one direction in the second half, as well as growth due to injection of liquidity, is losing momentum, and the tightening of monetary policy will benefit the currencies of countries with relatively high rates of economic growth. In such a situation Bank currency strategists decided to stop selling the euro / pound, and proceed to buy the Norwegian crown in a pair of Swedish.

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