Saturday, September 3, 2011

Dollar reach new heights

Foreign Exchange Market Finansy08-05-2010 U.S. conquers new heights last trading week ended with a triumphant ascent of the dollar, which was accompanied by extremely negative external background, emanating from the eurozone countries, in particular - Greece. Euros in the evening on Friday was worth $ 1.27. However, next week, analysts said, is waiting for us a partial correction. The dollar may drop to values ??of 1,29-1,31. This week the euro was under enormous pressure. In just five trading sessions quotes single currency fell against the dollar by almost 5%. Such a blow euro has not received since the collapse of Lehman Brothers. And all this - "merit" a small southern European countries, analysts say Bigness.ru FG "Kalita-Finans". According to them, investors are concerned that the Greek crisis may be just the beginning of a full fiscal and debt "epidemic" for the eurozone. On the week, even appeared rumors about the possible treatment of Spain to the IMF for help. And although this kind of talk did not have an objective basis, they still increased the sales of euro. In addition, the market was actively discussed a plan to help Greece in size at 110 billion euros (three years). Most of the players converge in opinion, that even this amount may not be enough to settle the Greek problem.

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