Comments on: Dollar Declines on China Alternative Reseve Currency Demand

By: Andrei Moraru

Andrei Moraru — Sun, 28 Jun 2009 13:58:49 +0000

ECB won’t do that, but the calls by the European politicians for the weaker euro may spur bearish sentiment on the market.

By: jason

jason — Sun, 28 Jun 2009 11:08:38 +0000

ok but do you think the ECB or SNB would intervene on Euro’s move above 1.4100 just to protect the interest of the Exports in the european economy.

By: Andrei Moraru

Andrei Moraru — Sat, 27 Jun 2009 20:47:41 +0000

I don’t know really. Sunday night is a very speculative and unpredictable period. But it may open bullish as the U.S. passed first limits on the greenhouse gas emission, which can be treated as the bad sign for the U.S. industrial production and the dollar.

By: stan

stan — Sat, 27 Jun 2009 19:20:42 +0000

where do u think Eur/Usd will go on sunday nite.Bullish or Bearish?