Morgan Chase

To the being questioned if the fall in the price of the American dollar it does not worry the government, it detached that the BC is using to advantage for recompor the international reserves the previous levels to the global crisis, agudizada in September of 2008.A depreciation of the dollar is world-wide the dollar is in low. Now that the world-wide optimism returns slowly, the investors who had searched in the American currency a safe port during the recent turbulence of the market start to place money in riskier applications, particularly the currencies of great exporters of commotidies that they would be benefited of the world-wide growth. The dollar if devaluated in relation to euro – reaching in 21 of May lesser quotation of last the four months and way. The investors of eye in first the signals of economic expansion are taking off the dollars of the mattress and ordering them for riskier places, valuing the currencies of these countries, as in the case of the Real. The investors also fear that the next round to emissions of headings of the American government can to depreciate the dollar still more. Investors had applied heavy in the dollar during the financial crisis, betting that insurance of the world was the currency more and knocking down the forecasts of that the politics of the Federal one Reserves, the American central banking, to extend offers monetary would weaken the verge. Interests in some countries had also created little incentives to abandon the dollar.

Now the situation is if reverting. The pressure on the dollar was increased still by the concern with great offers of headings of the Treasure that must arrive soon at the market, beyond the perspective of that proper note AAA of U.S.A. is placed under suspicion. Many exchange analysts still foresee a decline bigger of the dollar. Deutsche Bank waits that euro if fortifies for US$ 1,50 in the next months.