Swiss Bank
December 4, 2013 in News Tags: currencies, euro, euro - dollar, eurusd, Forex, investment dollar
When you try to analyze the EURUSD crossing, they assailed several doubts. We planteabamos why had endured the level on Monday when it really threatens the fall of some of the largest of the European Union economies. Another important issue in this context concerned the levels in which the EURUSD will be moved in the near future with sovereign debt pressure. We also forgot the impact on the price of the dollar which can have the escalating sovereign debt in the United States. And, above all, one of our biggest questions is who will benefit from the weakening of the euro and the dollar. Without a doubt, the EURUSD is has been keeping those levels partly by the help of China, which was launched to invest in our assets.
Lately Europe is weakening by leaps and is not able to create all the jobs you need. The lack of productivity and growth lastra the economy, and the lack of stimuli is virtually burying a young generation that in several of European countries do not enjoy the job offer you need. The issue is that these purchases coming from Asia, together with the weakness of the dollar at present, have slowed down the risk on the euro and the dollar respectively. In this way means that after the reduction of rating of Portugal, Ireland and doubts about Italy, the euro-dollar not has been much more pressed downward. However, the EURUSD is being conditioned by the uncertainty. There are many issues of great significance on the table.
The consequences that may have the stress test are great, and fear is installed on all investors of the old continent, who mistrust the current situation of the finances of most economies. The macro data that we know, along with the latest news we get, will condition the evolution of the euro-dollar dipped. However, important thing is to see that now the pressures coming from both sides, and do weaken the euro and the dollar. Therefore, you must be attentive and not lose sight of the evolution of the Swiss franc, which can finish by picking up the disinvestments in these two currencies. Tip: To make trading with currencies crossing American dollar on the demo platform, use the ticker symbol (EURUSD) download here the platform demo to run trading ideas. Source: About Saxo Bank: Saxo Bank is an organization specialized in investments and online trading that allows its customers to operate with Forex, CFD, shares, futures, options and other derivatives, as well as providing portfolio management services, through SaxoTrader, SaxoWebTrader, SaxoMobileTrader, leading platforms for trading online, award-winning internationally from 2003.SaxoTrader is available directly through Saxo Bank or through its partners around the world. One of the major lines of business of Saxo Bank are white label agreements, through which the Bank online trading platforms are customized and marketed on behalf of financial institutions or agents. SAX Bank has more than 120 white label partners and thousands of clients in over 180 countries. Saxo Bank is headquartered in Copenhagen and offices in the United Kingdom, France, Italy, Switzerland, Spain, Singapore, Australia and Japan, among others.