Wednesday, May 6, 2009

RBS: euro will decline, regardless of the ECB decision

According to analysts of RBS, the couple, as the pound / dollar and dollar / Canada and the AUD / USD broke key resistance levels. Meanwhile, a further increase in euro may be at risk in anticipation of tomorrow's ECB meeting. In RBS confident that the single currency would be under pressure is not dependent on central decisions. "The lack of action in the framework of the quantitative easing policy will increase the emphasis on the slow recovery evrpoeyskoy economy, while the use of such measures, as practice shows, is also providing short-term negative impact on exchange rates."

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