The Euro lost against the dollar regardless positive statistical data
released yesterday. The trading was quiet, American markets were closed. It
seems that the sentiment changes in favour of the dollar against the euro.
American ISM index released this afternoon should support the trend.
rate EUR/USD opened at 1.0990 on Monday and closed at 1.0965. The euro went
on weakening even in Asia today's trading. The rate was at 1.0910 this
morning and should stay within a range of 1.086 and 1.096.
Zdenek Safka, Investment Research, CSOB