Wednesday, October 5, 2011

The dollar will face hard times

Finansy04-03-2008 dollar face hard times While many experts from different companies are predicting a further decline in U.S. currency, analysts on the currency market investment bank, UBS AG, including Mansoor Mohi-Uddin, Benedict Germaniera and Ashley Davis called "non- break a lance "about the weakness of the dollar against the euro. Euro traded near a mark of $ 1.5195 as of 13:00 Moscow, which is 80 points lower than the record value of the previous day. Active decline of the dollar against major world currencies in recent days has caused a wave of analytical reports from various financial companies. Many predict a further decline in the U.S. currency against the euro, but there are those who are persistently speaks of an impending correction. UBS Investment Bank is the second largest in the world for share transactions in the foreign exchange market, which is about 15%. Therefore, the opinion of the Swiss financial analysts the company listened attentively throughout the world. Of course, it could expect to see any comments by the experts as a solid player in the forex market, said K2Kapital.

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