Currency exchange rates today: correction of the euro against the dollar will start at the beginning of the new week

Currency exchange rates today: UniCredit finds probable reduction of the euro

In brief: Currency exchange rates today: euro will decline against the dollar. 1.27 dollar per euro will become the norm.

According to currency UniCredit analysts, due to the small probability of extremely positive results of stress tests of European banks, which will be published next week, the single currency may lose points, recently scored against the U.S. dollar.

At this stage, upward potential is likely to be exhausted? – Believe in the bank. European regulators to check the condition of the bank in 1991, in order to determine whether they can make the potential losses on packages of government bonds. Let’s hope that the work performed will be professional enough to avoid a major catastrophe – add specialists. As for the euro / dollar, given the economic slowdown in the U.S. and the likelihood of the Fed’s quantitative easing in the bank is unlikely pair fall below $ 1.20, unless there are no significant adverse events. The euro / dollar is at $ 1.2920.

Ukrainian Globalist
2010-07-18 08:39, Currency news.

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