At the opening of the London session, after the three-day weekend, the euro / dollar reached a three-week high amid reports that Germany had become softer to the problems of Greece. Meanwhile, the Japanese yen actively sold after rating agency Moody's placed the rating of Japan to the list for a possible downward revision. Another significant fluctuation of the oscillation has a pair of New Zealand dollar / US dollar, which reached a fresh peak with the introduction of floating exchange rate, namely 0.8267 due to a sharp increase confidence in business circles. On Tuesday, the focus of the market focused on the consumer price index / CPI / May in the eurozone.
Tuesday, May 31, 2011
The euro/dollar rises on hopes about Greece
At the opening of the London session, after the three-day weekend, the euro / dollar reached a three-week high amid reports that Germany had become softer to the problems of Greece. Meanwhile, the Japanese yen actively sold after rating agency Moody's placed the rating of Japan to the list for a possible downward revision. Another significant fluctuation of the oscillation has a pair of New Zealand dollar / US dollar, which reached a fresh peak with the introduction of floating exchange rate, namely 0.8267 due to a sharp increase confidence in business circles. On Tuesday, the focus of the market focused on the consumer price index / CPI / May in the eurozone.
