In a note to clients, Morgan Stanley said that it was cutting its objective dollar United States suggests that the dollar may fall to its lowest level against the euro since December 2009. The greenback is likely to reach $1.46 per euro at the end of the year and trade has changed little in 81 yen, Morgan Stanley, said in a note addressed yesterday to customers.
Monday, February 28, 2011
Regarded as a source of recovery of the United States consumers
In what is being labeled as a return to the American consumer, the forecast for consumption in the third quarter was revised upward. Forecasts of 3 percent or more increased from RBS Inc. and 2.6% by Morgan Stanley would mean more robust recovery household spending.
More upcoming weakness for sterling
The pound sterling and u.s. dollar were the two worst performing major currency in the past months. Since July, Sterling lost 6.4 per cent against a basket of nine other exchanged in most currencies, including the fall of 1.29 per cent last week. However, according to some, the worst is still to come.
Sunday, February 27, 2011
Truce of war currency clearly Geithner to test
Canadian dollar falls in the decline of stocks
After three days of gains, the dollar fell as taken profits had reservations in decline. The Loonie has lost 0.3% C $ 1.0230 by dollar at 7: 44 am in Toronto, compared to C $ 1.0200 yesterday.
Good report from close to USD trading starting level, United States of America.
Fell to the USD slowly return to the level after the opening of violently in the leaders, after discussion in the EU the debt crisis, concerns a new guess measures prevent the debt crisis. The advance GDP reports third quarter showed the value if the estimates under even a little was better than the second quarter. Other reports also there pretty good. If Professional 1. 3922 Isetta earlier after now is low sp 0zł acanego 1. 3921, during the day.
Growth above 2 expressed the previous growth per annum 2010 third-quarter GDP report, 0% second quarter revised i.e. 1, 7% less than 1% of the expected growth.
From the Chicago PMI index 60. 4 September 60. 6 October forecast decline in Forex traders. Increased 013.
From Michigan University consumer confidence index update's 67 67. 9. 7 October. Analysts proactively 68 2 prediction.
Yesterday, 7 455 k k 434 from showing a decrease, a preliminary conclusion increment for the report, and launch.
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Tags: Chicago PMI, GDP, claims, Michigan Forex index of early growth
From similar mail: American basic reports good CorrectUnexpectedly America proves, variations in USD to move wealth, USD DownMixed economic report causes EUR / $ USDEUR / stop growing after bad United States GDP USD ReportEUR, fastest of 3 weeks of leave ReplyClick here in reply NamerequiredMailrequired (public not) to cancel to shows me to further WebsiteoptionalCommentNotify of comments to e-mail.Saturday, February 26, 2011
Book review:-k Van Tharp trade financial freedom road
Few days ago, has been read the separate trading — exchange financial in k, Van Tharp freedom road. I already blogged about 3 years ago. But once again the reference page some already only dedicated chapter r-multiple risk management and money management. You can read the entire book image enlargement Tharp, strategy development process. (It was a boring reading time) says that the great writers of the author, but he is very good important, is not what to about than learn at school some raw also IQ in this manner.