Economic Forecasts Winter of the European Commission Euro dollar exchange rate, published yesterday , provided a degree of optimism for investors hold assets denominated in euros, which shows that policy makers in the Euro area have revised upwards its growth forecast of GAP for this year and next . However, the observation of the SEC that the recovery of the region " gaining ground Euro dollar exchange rate was not enough to stop the escalation of the Euro exchange rate pound to 1.2152 GAP / RUE in the day. The single currency is expected to trade with a neutral bias for NEGATIVE advance.
Sterling ( Currency: USED) has a solid performance in the markets yesterday , investors are sitting on their hands in front of all the important data in Q UK GAP this morning. The short-term performance of British revolves around this key indicator of economic activity Euro dollar exchange rate, given the disappointing nature of the latest data from the British sector services , the GAP figure could be used to deceive . If the print shows the quarterly below 0.7% , then search book must take place on a neutral basis to advance NEGATIVE.
( Currency: ADD ) Improvement of ADD against the pound last month hit the wall at the end of last week due to lower than expected Euro dollar exchange rate manufacturing survey from China. Confirming the leading manufacturer of Toyota Motor yesterday stopping production of its cars in Australia is likely to have a similar effect on the Australian post . Rumors of major credit constraints in the real estate market of China can stop the Australian unit to move forward, so that the Australian is now Euro dollar exchange rate estimated to exchange standing NEUTRAL short term.
The U.S. DOLLAR ( Currency: USED) has committed another shot during the meeting yesterday afternoon, after the publication of a survey of U.S. consumer confidence low . Exchange rate pound dollar is trading at 1.6670 GAP / USED close to its multi-year high during the last hour of the session and European equities comments tomorrow if the new track Fed President Janet Yelled in quantitative break Fed program relaxation Euro dollar exchange rate, then things could get worse for the dollar before it gets better . The outlook for the dollar is now NEUTRAL negative.
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