Euro Zone slowly goes to crisis

The traders continue to search direction for the Euro-Dollar trading in the first day of the new week. The trading today was based on technical trading. The traders also continue to speculate with the situation of the U.S. economy, but this time the worries for the European economy rising also. Some signals by the Euro Zone show-starting crisis like the crisis on the other side of the Atlantic Ocean. The dollar will continue to take advance against the euro this week said Peter Mill by We expect in near-term the dollar to test at the levels below 1.44 against the euro. We see chances for successive test. The taking measures by the Fed and U.S. administration of the president Bush are normal strong and should support the U.S. economy. At the same time ECB president continue with the firm politic about the interest rates. This will be not measure on time, because the crisis in the Euro Zone is on daily order.

« More News