Friday, September 25, 2009

UniCredit sees buying euro / dollar

The renewed trend away from risk has led to a decrease in the euro / dollar is now below the 1.4650 mark. According to analysts of UniCredit, the weak data on orders for durable goods and new home sales in the U.S. could have a negative impact on the couple, and in case of a breakthrough level of 1.46 euro / dollar can rush to a mark 1.4530. However, currency strategist at Bank believes that such a reduction will be a good opportunity to buy a pair. The bank believes that only a drop below 1.4450 will abort the current upward trend in euro / dollar. Currently, the euro / dollar traded at 1.4666.

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