Monday, July 11, 2011

The dollar in the second day of the Ascension

The U.S. dollar continued to climb the path opened by the trading week, as it rose during the Asian session today after a profit by trading closed on Monday. And hence the dollar has made him the first consecutive rise since Oct. 27. Although these results do not represent a change so far is the real beginning of a technical change in the general path, but the results are encouraging because they come in a good position for the appetite of investors. Which analysts consider a correction of the minimum levels necessary standard was bound to happen, although the circumstances of the underlying data contrary to this trend. If this is true, any additional positive change in investor appetite, the dollar may return to normal, but if the dollar remains conservative on the rise, "the self" may find support from the stimulus plan approved during the last week to continue to rise

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