http://blog.currenciesdirect.net/index.php/2009/05/01/markets-remain-mixed/ Foreign exchange and currency rates blog Thu, 17 May 2012 07:18:27 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://blog.currenciesdirect.net/index.php/2009/05/01/markets-remain-mixed/comment-page-1/#comment-38 nash Fri, 01 May 2009 11:50:03 +0000 http://blog.currenciesdirect.net/index.php/2009/05/01/markets-remain-mixed/#comment-38 My head is also "mixed". I still see dollar strength in the medium term. So anything in between 1.4750 and 1.50 is a buy. I don't see it lasting too long. I also see strength of GBP versus EUR in the long run. 1.13 is the target, but anything just above 1.12 is good enough. Markets are like yo-yo's at the moment. EUR sellers should get their act together and get those trades off their backs before we see GBP jumping above 1.13! Phil, happy bank holiday. My head is also “mixed”. I still see dollar strength in the medium term. So anything in between 1.4750 and 1.50 is a buy. I don’t see it lasting too long. I also see strength of GBP versus EUR in the long run. 1.13 is the target, but anything just above 1.12 is good enough. Markets are like yo-yo’s at the moment.
EUR sellers should get their act together and get those trades off their backs before we see GBP jumping above 1.13!
Phil, happy bank holiday.

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