By year-end EUR / USD crawls up to the mark of 1.10

Analysts at Barclays in the message
to their customers revised their
annual forecast EUR / USD c 1,25
to 1.10. "The revision stems from the fact that
Eurozone economic growth is very weak
and the threat of deflation, "- they noted.
Euro, long
sitting near a 14-month low,
in the Asian session on Thursday finally
I slowed their positions. EUR / USD
It fell to 1.2774, coming close
to a minimum in 2013 ($ 1.2740). If
the pair breaks this level, then further
the dollar will rush to the levels of the end of 2012
of the year.

Respectively,
The dollar index against a basket
major currencies crept even higher: it
It reached a level of 85.00 for the first time since 2010.
USD / JPY has grown to 109.22 and
It looks quite convincing: few
doubts that come repetition
a six-year high reached
Last week (109.46).

euro falls
victim statements Mario Dragi, who
He said yesterday that the ECB will keep free
monetary policy just enough time
as it takes to lift the abnormally
low inflation to a level approximate
to 2%.

Comments
Draghi came amid growing
skepticism about what works
Does the right side offer cheap
cash banks.

The last batch
makrostatistiki forced to think
and over how much yet
different economic prospects
(And hence the direction of monetary
policy) between Europe and the United States.

Recall German
business sentiment in September again
It fell to the lowest level
the past year and a half, while the
New home sales in the US rose
in August to a six-year high.