EUR/USD Rising over 1.44

April 10, 2011 Simon News & Analysis

This week the currency pair EUR/USD has passed 1.443 in its yearly highest rate, there is an option that the Euro will continue in the same direction, in the other currencies the dollar is not giving good performance with 16 months lowest rate agents the GBP , loosing to the Australian dollar and the Canadian.

why is the the dollar so low – the unemployment that is not declining and maybe Obama with his policy and would intervention in conflicts with the Muslim countries,  high petrol rate .

but don’t think this is the end of the dollar as the leader, contestants are no doing well with the EUR and GBP that are not innocent and have sever problems that are not at the end, many answersthe investor’s will get this week with the dollar not going to give up without a fight.