Wednesday, April 29, 2009

Euro / Dollar ¬ Wednesday after lâ € ™ unexpected announcement that the Fed has decided to buy bonds, it is started the descent of the dollar in comparison dellâ € ™ euros. At the end of the eighth euro / dollar is certified to 1.3582 after touching 1.37 also. The U.S. currency lost ground against all major competitors registering its worst weeks by the beginning of the year. Euro / Pound Even the weak British currency on fears related to economic conditions in the country. The euro / sterling closed the week at 0.9389 after touching area also 0.95. The worst since lâ € ™ UK economy comes from the labor market, with claims for unemployment benefits rose to 138 thousand units in February, the result more high since 1971, when one begins ² to record the data. For this week provided the spread of important macro data such as consumer prices and retail sales, and © the final result of the GDP in the fourth quarter of 2008. Euro / Yen Even the Yen continues to lose ground against the European currency. The euro / yen it is closed Friday at 130.29. The Bank of Japan, as anticipated by analysts, has left unchanged the interest rates remaining very low at 0.10%, lâ € ™ central institution has not ruled out further action on the market, waiting for new fiscal stimulus measures announced Japanese government. For the week that comes into the program the data on trade balance and the consumer prices in February.

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