BBH staff noted that published today by the European report showed that the slowdown was more extensive in nature, which, of course, exacerbated the concern of investors about the capitalization of European banks. They also add that today held an auction on placement of Spanish bonds showed that these securities are low demand. According to analysts of BBH, after the auction ECB was seen in the purchase of Spanish debt on the secondary market. They believe that the negative dynamics of European securities remained, despite the ECB program by buying bonds, so you should expect a further strengthening of the dollar. Meanwhile, the euro / dollar again, made several unsuccessful attempts to recover from forty-third above the figure. As reported by dealers interested in buying a pair on the decline came from the U.S. bank, as well as a British clearing bank. Current euro / dollar $ 1.4288.
