Euro traded at 1.50 dollars. thanks to the restoration of appetite for risk

euro exchange rate to the dollar on Tuesday close to $ 1.50 due to the restoration of investor interest in risk, reports Bloomberg.

Australian dollar has risen in price to the U.S. national currency to the maximum of 14 months ($ 0.9311) after the Central Bank of Australia announced that the low interest rates are no longer a necessity.

euro on Tuesday was worth $ 1.4972 to $ 1.4965 at the end of the previous trading day in New York. Rate single European currency has fallen by this time with 135.51 yen to 135.14 yen.

value of the dollar sank on October 20 from 90.55 to 90.26 yen.

All filled euphoria, as improved forecasts of corporate profits and the economy, - said the chief economist at Tokai Tokyo Securities Co. Mitsuru Saito.

Oil prices broke the $ 80 mark per barrel, stock indexes in Asia are growing during trading on Tuesday, the U.S. SP 500 on Monday added 0,94%.

Low interest rates in Japan (0.1%) and USA (the target range from zero to 0.25%) make the national currency of these countries the most popular means of financing operations, the so-called carry trade. In the course of these transactions are borrowing money in countries with low interest rates and bought assets with higher returns, and due to this spread, investors profit. In so doing they run the risk that fluctuations in world currency markets would deprive them of that profit.

profits for American companies for the third quarter is likely to surpass expectations of analysts, predicts the largest Japanese broker Nomura. According to Bloomberg, the quarterly results of 34 out of 41 companies list, S P500, published their reports on 7 October were better than forecasts.

Today, you can expect to leap up the papers LUKoil and Gazprom, the laggards of the market yesterday