Currencies  |  March 31, 2013 08:48:52

The Australian dollar strengthened at the expense of the euro

At the very end of the trading week, the Australian dollar gains scored when the currency pair euro could break through support for S / R level 1.2310. The intradenního view for the euro erasing gains, which on Friday from 11 hours generated.

If this is the reaction to a new report from Cyprus on the improvement plan for nationalization of deposits and high hands at the moment Cyprus worthless bank shares, after the opening of trading can occur again the next gap. Gaps in recent weeks almost regularly at the beginning of each week and traders utilizing this anomaly, it must be hard times, because not filled with great regularity.Or, if you fill up, so after a big jump and it again last few trader such loss unnoticed, and especially with such a large stop loss.
On Monday, Europe holds Easter holidays, so macroeconomic data will sleep. From Australia we will see early on Tuesday morning our time, the expected interest rate announcement, which probably will not change and remains at the present value of 3%. But with the growing Australian inflation will be important to follow-up observations and evaluation from the mouth of members of the RBA. Already mentioned the strengthening Australian dollar may be speculation on changes in market access and RBA may wait for some unexpected surprises.

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Australský dolar posílil na úkor eura

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