Yesterday the Euro strengthened against the dollar after morning's slips. It
opened at 1.0583 in the morning and closed at 1.0690. But during this night
the American currency gained again on Asia markets after T.V. transmitted
information that Hussein could be dead.
Today the pair EUR/USD opened at
1.0681 and should move in the range of 1.0550 and 1.0750. The Euro weakened
against the yen yesterday, i.e. from opening 127.90 to 127.70 at the day's
end.
Zdenek Safka, Investment Research, CSOB