The study of KBC markets Tuesday, the Euro extended its ascent against the dollar. The tendency was already in place from the early past week and in the absence of the dominant economic data the movement was extended. ECB (Noyer) still that was something optimistic in the European economy that entered 2008 could slightly have been support Euro and this one also was the case for the positive feeling of the market that reigned in the bags, at least on the early hours of negotiating. Nevertheless, in the USA to negotiate the Euro (and the action) lost clearly impetus more ahead and EUR/USD closed the day in 1.4725, still a decent increase compared in the closing 1,4657 Mondays. (more...)