Lloyds Banking Group PLC (LON: LLOY) has recovered and is ready to storm the new peaks

Lloyds Banking Group PLC is restored and will rise above

In brief: Lloyds Banking Group PLC (LON: LLOY) will start the new week with a bullish trend, - the Open Knowledge analysts believe.

Lloyds Banking Group PLC (LON: LLOY) has completed a week on a positive note. Lloyds Banking Group managed to grow up 69.26 points on Friday. Support from the bulls was palpable and Lloyds shares gained +0.35 (0.51%).

At the same time, the Open Knowledge analysts reported that the European banking sector will continue to rise to new heights at the beginning of next week amid rising confidence in the financial giants of the Old World. Euro exchange rate will help banks in Europe to feel safe. While the U.S. banking analysts believe that the dollar exchange rate will crush the euro next week.

Anrey Torbinski
2010-08-01 19:11, Economics.

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