FXstreet.com (Barcelona) - the greenback, measured in terms of the dollar index, browse the area of minimum of the day today Monday, around 82.50/60 after the result of the ISM's manufacturing in the United States.UU.
"We think there many consequences of a change in QE by the Fed, including a higher level of USD, lower values in commodities, increase in rates in the United States.(USA) and a more pronounced curve response.
In addition, we think that by reducing purchases of assets could mean that depressed volatility levels will increase, reversing the trend in the actions and in the volume of FX which has followed every new QE since 2008 ", explain analysts at TD Securities G.Moore and S.Osborne.
Currently, the index falls 0.96% 82.59 and according to tradingcentral.com, the following support is at 82.35 and 82.20 while resistances are aligned at 83.45 and 83.70 83.95.
Tuesday, June 4, 2013
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