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Saturday 4 September 2010 |
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Exchange Rate Monthly
There are 10 articles available in this category. Please select the required article from those listed below:
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EXCHANGE RATE MONTHLY MARCH/APRIL 2005
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| Interest rate differentials are once again dominating forex markets. The risk of more aggressive policy action from the Federal Reserve threatens a dollar rally which could force a test of $1.28 in USD/EUR. However, we believe that the euro should find support at this level. In the absence of any notable upside surprises on either the US growth or interest rate front, the scope for more significant dollar breaks to the upside seem limited. The problem of the US twin deficits remains central to our view that dollar sentiment will continue to be fragile over the course of 2005.
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