Credit Agricole: the weakening dollar is a temporary

Currency market is gradually moving away from dollar

In brief: Exchange rate U.S. dollar is losing ground. The level of support for the euro is rising, the U.S. currency continues to fall.

Dollar exchange rate weakens. As noted currency analysts Credit Agricole, now go to debate about whether the recent weakening of the U.S. dollar due to concerns about the restoration of the U.S. economy, the beginning of a new trend.

The bank inclined to think that the beginning of a new trend of speech is not going. Despite the lack of significant improvement in the outlook for the U.S. currency this week, the bank’s strategists believed that the weakening dollar should be considered as correction, but not the resumption of the downtrend.

Ukrainian Globalist
2010-07-05 09:14, Currency news.

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