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jueves, 21 de abril de 2011

North American Dollar in Historical Minimums


The fundamental problems of the economy of the United States have remained reflected during this week on the Market Forex.

The North American Dollar registering today his historical low levels ever versus The Australian Dollar and the Swiss Franc.

Later I present two comparative examples that allow to measure the situation for the one that crosses the North American Dollar.

On October 27, 2009, the couple AUD/USD register the price of 0.6009 Australian Dollars for every North American Dollar, today, reach the price of 1.0770, which represents a devaluation of the North American Dollar opposite to the Australian Dollar of the order of 79.2 % in 30 months.


With regard to the Swiss Franc, multiple comparisons can be done, but in this occasion I will use as reference the maximum value registered in the year 2001, which was 1.8223 (July 6), today the couple USD/CHF register a minimum of 0.8850 at 3:20 (GMT + 0:00), for what in the last 10 years the North American Dollar has devaluated 51.4 %.


Before these minimal historical values of the North American Dollar opposite to these two currencies, which today per today are the strongest of the Forex Market, little can do the Technical Analysis and we can only to leave the place in order that the Fundamental Analysis (or Standard & Poors) define that luck will have the North American Dollar for the following trading sessions.