US Dollar is increasing easily
US Dollar stayed on stable levels today, when in the end of the previous week started its decreasing because of poor economy datas of USA. Expecings for future interest increasments from the Australian Central Bank, supported the price of Australian Dollar. Series from worst then expectings from American datas, including those of users' support, strted again the apprehensions for American recesion and opened the route for new interest decreasments of FED. In spite of todays good level of US Dollar, currency analyzers are predicting bad week for "green money".
"While the US Dollar doesn't get harder evidences for successful appling of American monetary politic, the US Dollar will continue to be weak",commented American analyzer. Today America is in holliday due to the President's day, which is a facor for poor trading.Later that week we will expect of more interesing movements, when the FED will make a official report for inflaion.
On the mid-day, EUR decreased with 0.4% to 1.4630 US Dollars per 1 EUR, and is spite of that is close to its two-months top level of 1.4710 US Dollars per 1 EUR, signed in Friday. To the JEN, USD is increasing with 0.4% to 108.24 JEN. In comparison with high rated curencies of Austranian and New Zeland's Dollars, American Dolar is going weaker very much. The price of the Petrol is increasing with 45 cents to 95.94 US Dollars per barel, because of problems betweek Exxon Mobil and Venezuela.
Labels: Financial News
posted by Zoritza Petrova @ 12:39 PM
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