The EconomicasUSD news – the dollar yields against the majority of currencies, whereas the stock-exchange places round up the dollar suffered the great volatileness, whereas several factors drove the purchase of assets of greater risk, and consequently, the demand by currencies refuge fell. The American stock market began to appear, whereas several American companies informed results that surpassed the expectations. In the banking sector, the actions of the Bank of America and the Citigroup advanced with force. On the other hand, the Consumer American Confidence that published Tuesday, continued showing its positive effects. The American currency lost 130 pips against the Euro during the day of yesterday, and closed in 1.3322. Great part of this phenomenon had to the fall of the demand by currencies refuge, since apparently, the American economy already is showing fortification signs. And this in spite of the numbers of the GIP that occurred to know yesterday. Against the pound, the dollar, also cede territory, and ended up losing about 125 pips, reaching the 1.4830.
Nevertheless, against the yen, the dollar advanced 0,6%, about 60 pips. Phenomenon that had that partly the economic situation as much in Japan, China and the United States, apparently, begins to improve. Today the Unemployment Claims, the Spending Personnel, and the Income Personnel will be published to 12:30 GMT. The great volatileness is considered after these publications. Nevertheless, it is considered that the market just today will digest the published numbers of the GIP. Several analysts consider that the dollar will reclaim the lost land during yesterday since several investors could return to take refuge in the dollars. Perhaps the 1,3200 pair EUR/USD reaches in order the day. EUR – The Euro advances against the dollar the Euro developed a bullish tendency Yesterday, mainly by the result of the Consumer European, indicating Confidence that showed a rise after 11 months in loss.