Euro/dollar: a new record maximum. Clouds round dollar are condensed

Dollar continues to fall against euro and yen against not ceasing conversations that falling of the market of habitation will lead to the USA to economic recession. As additional stimulus report Bank of America about losses for the sum $4 billion that has warmed up fears that investments into the substandard mortgage cause a damage to incomes of corporations and economic growth has served. Besides, the negative factor for the American currency was that chances of discussion of falling of dollar against euro at session of the Big seven have decreased. "the descending trend on dollar, most likely, will proceed, as the market has increased prospects concerning rate reductions in the USA, strategists from Westpac Banking in Sydney speak.

According to research Mizuho Research Institute, the dollar can fall to $1.45 against euro and to 110 against yen this year as the rise in prices for oil to new record levels can accelerate recession in the USA. Analysts of research institute consider, that the dollar will continue to weaken against other currencies as the USA more than other countries are subject to risk from a rise in prices for power resources as America is the largest importer nefti.

In the beginning of trading session in Europe of euro has established a new record maximum against dollar at level of $1.4320 against purchases from short-term European investors. Now orders on sale are located in the field of $4320/30. Break of this area will clear away a way for growth to level of $1.4350 in which area it is informed about optsionnom a barrier. Interest to pair purchases is observed around $1.4300 and further on the approach to $4280/70 and $4250/40.
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