Euro to 9-year lows, USD with an increase in the Asian session

Euro fell to 9-year lows against the dollar, after it became clear that the European Central Bank will probably start kolichestvenio relief. The single currency continues to fall, after the inflation outlook, which must be made clear today show that it shtya fall for first time since 2009. EUR fell 0.1% against the USD to $ 1.1873 according to Westpac Banking Corp. European currency will fall below $ 1.1640 to 6 weeks. “The only obstacle for the euro not sgrumolyasva still being popular for investors,” the bank said.

The dollar reached new peaks against most of the world’s currencies in anticipation of reports from the Fed later today where he will seek signals for the direction of future policy of the central bank. Against the yen, the dollar traded at a price of 118.71 yen to the dollar, which is 0.3% increase compared to yesterday’s session.

New Zealand dollar depreciated by 0.2% to 77.44 cents after yesterday rose by 1%. Australian currency against the kiwi, rose to 1.0427 $ NZ to 1.0393 $ NZ for one Australian dollar.

Varchev Finance

 Varchev Traders

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance