Apr 30, 2012
EUR / USD USD1 0.32 to 0, 07%
The Euro has continued against the U.S. dollar, its friendly tendency on Friday afternoon. Finally, the European single currency traded near its daily highs of $ 1.3257, $ 1.3229 for the current reference value of the European Central Bank (ECB). Even the British pound the euro was in positive territory, against the Japanese yen and Swiss francs, he claimed tended scarce.
Dealers pointed to the explanation for the friendly Euro / dollar exchange rate on sale of interests in the dollar as a result of weaker-than-expected growth figures for the first quarter. The U.S. gross domestic product (GDP) in the three-month period was, according to first estimate the Commerce Department to an annual rate of 2.2 percent decline. Analysts, however, had a more moderate decline of 2.5 percent expected.
In some places, it also highlighted the friendly atmosphere of the stock markets as a support for the euro / dollar exchange rate. Good corporate data recorded during the stock market had heaved into the profit zone after they had suffered in the early morning under the rating gradation of Spain.
by erectusplus at 11:22 AM |
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