The euro appreciated per dollar yesterday, the investors are in no mood for changing their attitude to the greenback. On Wednesday the rate EUR/USD opened at 1.1675 in Europe and closed at 1.1725. It began at 1.1668 in American trading and closed at 1.1725. The rate was at 1.1749 this morning and should move in a range of 1.1690 and 1.1800. Other dollar depreciation might be expected today, if news from American labour market is unfavourable.
CSOB, Investment Research