Wednesday, September 23, 2009

Commerzbank holds a positive forecast for the euro / franc

Euro / franc today reached a new weekly low of 1.5121, however, according to currency analysts Commerzbank, it does not alter the positive outlook for the pair. Bank strategists believe that in future the couple are unlikely to fall below the minimum 9 July, at the level of 1.5110 - the bank expected growth in the euro / franc to the maximum of 27 August at 1.5244 and then to the maximum on Aug. 10 at around 1.5340. Now the euro / franc traded at 1.5125.

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