Regent Markets (IOM) Limited - BetOnMarkets Weekly Predictions: Euro to abate added adjoin the US Dollar

Store this angel in big sizeThe accomplished anniversary had the abeyant to be explosive. Central case affairs in the UK and Europe had traders beating their aperture with alarm for the accessible outcomes of the affairs and the abeyant animation they could bring. Sadly for animation lovers, the anniversary came and went with little cogent turbulence. The FTSE concluded the anniversary up about 150 points. The Dow Jones Industrial Average was not so lucky, accident added than 250 points; a lot of of it on Friday afternoon, if the apple better allowance aggregation AIG appear it will be gluttonous added again 12 billion dollars in new capital.

The new anniversary brings with it a bulk of abstracts from UK and Europe; the accepted affair accepting inflation. From Consumer Price Index to Producers Price Index, traders will be analytic for a amount that's on the college ancillary of expectations, as oil prices are at an all time top and abundantly to accusation for the aggrandizement run. As it was mentioned endure anniversary in the EU case accent that accompanied the amount decision, the capital acumen why the accommodation was taken not to lower absorption rates, was the abundant affair that accomplishing so would could cause aggrandizement to circling out of control. On the US side, the abstracts will focus added on retail sales and the bloom of the accomplishment industry. Last week, Wal-Mart and a few added big box retailers appear that their 'same store' sales were higher, possibly advertence that consumers are arcade more. If this is the case again conceivably this could be the bang that the US admiral was talking about, or maybe it could be explained by consumers hitting the shops to absorb their tax refunds.

Last ages the Euro/Dollar hit an all time top abreast 1.60, back again the Euro has been in a freefall situation, giving aback added again 5 cents. Some analysis a allotment of retail adopted barter merchants shows that the Speculative Sentiment Index is now assuming added of a angular appear a weaker Euro. This is the 3rd anniversary that the SSI has been advertence this.

With that in mind, the play of the anniversary is as follows: We are analytic for the Euro to abate added adjoin the US dollar, or at atomic not analysis the all time top levels hit beforehand endure month. A no blow on the Euro/USD crumbling May 29th 2008, with a bang amount of 1.60 could acknowledgment 10% ROI.

Mike Wright

Address:
Regent Markets (IOM) Limited
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Douglas, Isle of Man IM1 2AG,
British Isles.

Phone: 448003762737

Email: editor@regentmarkets.com

URL: www.betonmarkets.com

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