adridado
12-22-2004, 04:09 AM
Liquidity amounts will continue to decrease within the subsequent 24 hours and this will raise the hesitation to keep positions. But volatility can't be ruled out, narrow ranges are most likely to prevail. Dollar opinion will stay feeble, however, some US money support will be offered by the yield concerns and will often discourage buck selling. The Euro is responsible to strike additional selling pressure just over the 1.34 degree.
The dollar was able to fortify back to 1.3370 at New York. The US money retained a marginally firmer tone in ancient Europe in 1.3360, but has been unable to make much headway and diminished back to 1.3390.
A rally on Wall Street aided the dollar, but hampered by the violence in Iraq. The Dow Jones index bolstered on Tuesday by close to 100 points, pushing at the indior. The profits can help encourage short-term funding inflows and should additionally boost acquisition and merger (MA) activity. The amount of MA action continues to be a significant background component and inflows that are strengthening would decrease the probability of further declines .
Caution will be created by the mind of this IFO institute Werner-Sinn called to control the Euro and this over promoting the US currency. There'll inevitably be worries over intervention as liquidity throughout the Christmas period is the period for intervention. The odds are very much against a move.
Analysis provided by http://www.investica.co.uk
The dollar was able to fortify back to 1.3370 at New York. The US money retained a marginally firmer tone in ancient Europe in 1.3360, but has been unable to make much headway and diminished back to 1.3390.
A rally on Wall Street aided the dollar, but hampered by the violence in Iraq. The Dow Jones index bolstered on Tuesday by close to 100 points, pushing at the indior. The profits can help encourage short-term funding inflows and should additionally boost acquisition and merger (MA) activity. The amount of MA action continues to be a significant background component and inflows that are strengthening would decrease the probability of further declines .
Caution will be created by the mind of this IFO institute Werner-Sinn called to control the Euro and this over promoting the US currency. There'll inevitably be worries over intervention as liquidity throughout the Christmas period is the period for intervention. The odds are very much against a move.
Analysis provided by http://www.investica.co.uk